Analysts see light at end of tunnel as Taylor Wimpey says profit will be ‘at upper end of forecasts’


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Housebuilder expects to build 10,500 homes this year

Taylor Wimpey says it on track to post operating profit of £470m this year, which is at the upper end of its previous forecast.

The housebuilder, in a trading update today, said it has been able to generate operating profit towards the upper end of its £440m to £470m range due to its focus on “optimising price and sharp cost discipline”.

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