Taylor Wimpey achieves strong financial and operational performance in 2017

January 10, 2018

Taylor Wimpey today issued a trading statement ahead of its full year results for the year ended 31 December 2017, which will be announced on 28 February 2018.

Pete Redfern, Chief Executive, commented:

 “We achieved a strong financial and operational performance in 2017 and are continuing to deliver against our strategy. Despite wider macroeconomic uncertainty, housing market fundamentals remain solid and our trading performance has been good. We continue to increase housing completions, achieving 5% growth during the year, and ended 2017 with a good forward order book.

 “We were particularly pleased with the improvements in our customer satisfaction metrics during the year, which were the result of a number of changes made to our approach in 2016. In the last six months we recorded average customer satisfaction scores of over 90%, and we will continue to prioritise making further improvements in this area.

 “We go into 2018 with positive momentum and expect to achieve further progress against our medium term targets. Our focused strategy of managing the business through the cycle, while also driving further operational improvements, will enable us to continue to deliver long term value for shareholders.”

Read the trading statement issued 10th January 2017 in full click here.

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Estate Agent Talk

How to find out when a property was built and why it’s important to know

A leading provider of niche and specialist insurance to the home insurance market, Stanhope, has provided a step-by-step guide to finding out when a property was built and explained why it is so important for the homeowner to know its age. Matthew Ashton a Director of Stanhope said: “Knowing the property’s age is crucial for…
Read More →
Breaking News

Five real estate opportunities to watch in 2026

By Daniel Austin, CEO and co-founder at ASK Partners The 2025 Autumn Budget offered limited stimulus for the housing market and, persistent headwinds such as sticky inflation, higher for longer interest rates, elevated construction costs, and slow planning processes continue to impact development viability. But there are still reasons for cautious optimism. The UK economy…
Read More →
Breaking News

Autumn Budget 2025: What It Means for Buyers, Renters and Landlords

Budget headlines for the property sector: Landlords and property investors are the most directly affected, with slightly higher tax on rental income and frozen tax thresholds. Very high‑value homeowners (£2m+) face a new recurring annual charge from 2028. Renters don’t see direct tax changes, but may end up paying more in rent due to increased…
Read More →
Rightmove logo
Breaking News

Rightmove’s Most Searched Locations in 2025

Rightmove reveals some of the trends which defined the 2025 property market, from the most viewed homes to the most searched for locations UK’s top property hotspots: London, Manchester, and Glasgow are the most searched for locations in 2025 Capital crowns: Wimbledon, Fulham, and Chiswick are the most searched-for London spots for buyers, while Canary…
Read More →
affordable houses glasgow
Breaking News

Consistent support for apprenticeships helps construction

The Government has announced a £725 million package of reforms to the apprenticeship system, including £140m for a Mayoral pilot programme. Richard Beresford, Chief Executive of the National Federation of Builders (NFB), said: “The consistent messaging from politicians that apprenticeships should be valued as highly as degrees is fantastic and will be of great benefit…
Read More →
Christmas Decorations - Good or Bad for Selling
Estate Agent Talk

6 tips for a stress-free Christmas move

With an average of 87,000 home sales taking place during the month of December, Property DriveBuy has compiled practical advice for those due to complete this festive season, a time already known for being one of the busiest and most emotionally charged periods of the year. Despite this bringing the potential for a more stressful…
Read More →