Business Summary: Taylor Wimpey plc is a United Kingdom-based residential developer. The Company operates through two segments: United Kingdom and Spain. The Company operates across five divisions and at a local level from 22 regional businesses in the United Kingdom, with a small operation in Spain. Its each division builds and delivers residential homes, uses consistent methods of construction, sells homes to both private customers and local housing associations. Its Spanish business primarily sells second homes to European and other international customers, with a small proportion of sales being primary homes for Spanish occupiers. In London, it builds developments within the London Boroughs of the City of London, Westminster, Kensington & Chelsea, Hammersmith & Fulham, Camden, Southwark and Greenwich. In Spain, it builds homes in the locations of Costa Blanca, Costa del Sol and the islands of Mallorca and Ibiza. Taylor Wimpey Logistics (TWL) is its supply chain logistics business.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2024, Taylor Wimpey plc revenues decreased 3% to L3.4B. Net income decreased 37% to L219.6M. Revenues reflect Notrh Divison segment decrease of 5% to L3.21B, United Kingdom segment decrease of 5% to L3.21B. Net income also reflects Notrh Divison segment income decrease of 38% to L270.6M, United Kingdom segment income decrease of 38% to L270.6M. Dividend per share decreased from L0.10 to L0.09.