Plus   Neg

Taylor Wimpey Slips To Loss In H1 - Quick Facts

Taylor Wimpey plc (TW.L) reported a loss for the first-half period, hurt by a sharp decline in revenues, reflecting the unprecedented impact of COVID-19 on the Group.

The company's first-half loss was £31.5 million or 1.0p basic per share compared to a profit of £242.0 million or 7.4p basic per share last year.

Loss before exceptional items totaled £23.2 million versus a profit of £242 million a year ago. Adjusted basic loss was 0.7p per share compared to a profit of 7.4p per share reported in the prior year period.

Revenue for the period declined 56.4% to £754.6 million from £1.73 billion generated in the same period of last year.

For comments and feedback contact: editorial@rttnews.com

Business News

Follow RTT