proactiveinvestors.co.uk
Taylor Wimpey profits halved by cladding provisions and CMA settlement
Taylor Wimpey PLC shares rose 3% to 104.95p after the housebuilder reported full-year results in line with guidance, as revenue climbed but profits were hit by cladding fire safety provisions and a regulatory settlement over a collusion probe. Chief executive Jennie Daly said the spring selling season was "progressing well, with encouraging levels of customer interest" but expects the 2026 performance to be more weighted to the second half, with around 40% of completions in the first half.
