Taylor Wimpey PLC (LSE: TW.)

Taylor Wimpey PLC (LSE: TW.) is an FTSE 100 index listed residential property developer that offers properties in different price ranges.

H1 FY23 Financial Highlights (Released on 26 July 2023)

• Financial Decline: During H1 FY23, revenue, operating profit, and basic earnings per share soared 21.2%, 44.5%, and 30.6% YoY, respectively.
• Increased Net Cash: The Group ended H1 FY23 with net cash of £654.9 million (H1 FY22: £642.4 million).
• Improved Average Selling Price: Total UK average selling price increased by 6.7% to £320k in H1 FY23 versus £300k in H1 FY22, illustrating house price growth and positive mix impacts.
• Interim Dividend: The Company will pay an interim dividend of 4.79 pence per share on 17 November 2023 with an ex dividend date of 12 October 2023.

Share Price Chart

Markets are trading in a highly volatile zone currently due to certain macroeconomic issues and geopolitical tensions prevailing. Therefore, it is prudent to follow a cautious approach while investing.

Taylor Wimpey PLC (LSE: TW.) was trading at the current market price of GBX 118.75 (as of 04 August 2023, 01:10 PM GMT+1)

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance level is 04 August 2023. The reference data in this report has been partly sourced from REFINITIV.

Note 3: ‘Kalkine reports are prepared based on the stock prices captured either from the London Stock Exchange (LSE) and or REFINITIV. Typically, both sources (LSE and or REFINITIV) may reflect stock prices with a delay which could be a lag of 15-20 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice.

Note 4: Dividend Yield may vary as per the stock price movement.’

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