Taylor Wimpey plc - FY results to be in line with expectations

Davy Research
/Read Important Disclosures

Taylor Wimpey will report numbers in line with current estimates at its full year results in February. The company has seen build cost inflation moderate somewhat from reasonably high levels in 2019 (c.4.5%), and this should give more support to margins in 2020 than in 2019 (down 200bps). Taylor Wimpey has entered 2020 in a strong position, with the order book up 22% year-on- year.