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Wimpey

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Taylor Wimpey operating profit set to halve thumbnail

Taylor Wimpey operating profit set to halve

Taylor Wimpey expects to post an operating profit of about £470m this year, despite the slowdown in the housing market. A trading update from the company said its profit would be at the higher end of its previously predicted range, which it attributed to close cost control, including through “highly selective” land buying. The figure
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