Wimpey and Taylor Woodrow feel squeeze in US market

March 1, 2007
The weakening US housing market is likely to continue hurting the only two UK players left operating there. Barratt quit the US three years ago but Wimpey and Taylor Woodrow still build in North America. Wimpey’s US operating profits slumped to £116.9 million last year from £169.4 million in 2005, while Taywood, despite raising profits, saw its order book slump …

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