Upturn in demand boosts Taylor Woodrow

March 2, 2005
Taylor Woodrow has reported an increase in sales and reservations since the start of the year. This comes after six months of decline in the market. Taylor Woodrow said the upturn had pushed sales and reservations above those achieved at the same time last year and should see a 2 to 3% increase in house prices over in 2005. It said the North West, the South West and Wales were the best performing regions with the London market showing signs of improvement. The company said it was confident about the prospects in the UK for the next 12 to 18 months. This comes on the back of a 27% rise in pre tax profits to £427.1 million.

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