Numbers from Taylor Wimpey (TW) will be in line with our estimates for FY 2020. The company has also left FY 2021 guidance unchanged, so we see little risk to forecasts on the back of today’s update. TW has been extremely active in the land market since the middle of 2020 and this should open the door for outsized growth in volumes in the medium term relative to the sector.
Davy research
Davy ResearchAmryt Pharma - Fiscal year 2020 better across the board
Davy ResearchLufthansa - Restructuring and deleveraging will be a long and painful process
Davy ResearchVistry Group - Company makes very strong start to 2021
Davy ResearchMarket comment - Ireland’s unemployment rate steady at 5.8%
Davy ResearchEntain - Enters 2021 with good US momentum
Davy ResearchOrigin Enterprises - Controlling the controllables; cash flow the stand-out
Davy ResearchCairn Homes - FY results in line with guidance; no material changes likely to forecasts