Taylor Wimpey profits leap (From The Oxford Times)

Taylor Wimpey profits leap

12:24pm Wednesday 1st August 2012 in Business By Andrew Smith, Business Editor. Call me on 01865 425460

House builder Taylor Wimpey, which has a string of developments across the county, has reported a major boost in its fortunes.
Pre-tax profits at the company which employs 107 staff across 12 Oxfordshire sites rose by more than 170 per cent to £78.2m for the six months to July 1, compared to £28.9m for the same period last year.
Chief executive Pete Redfern said: “Although wider economic conditions remain uncertain, we have been reassured by the continued stability in trading conditions and the strength of our order book.”
Recent Taylor Wimpey developments include Great Western Park in Didcot, Swinford Green in Eynsham, Kingsmere in Bicester, Orwell Grange in Sutton Courtenay and The Cross in Banbury.