Taylor Wimpey PLC (OTCPK:TWODY)
$ 22.59 -0.14 (-0.62%) Market Cap: 8.00 Bil Enterprise Value: 7.27 Bil PE Ratio: 25.47 PB Ratio: 1.32 GF Score: 72/100

Taylor Wimpey PLC Trading Statement Call Transcript

Jan 13, 2023 / 09:00AM GMT
Release Date Price: $14.4 (+4.88%)
Operator

Hello, everyone, and welcome to the Taylor Wimpey trading update. My name is Naudia, and I'll be coordinating the call today. (Operator Instructions) I will now hand over to your host, Jennie Daly, CEO, to begin. Jennie, please go ahead.

Jennifer Daly
Taylor Wimpey plc - CEO, Group Operations Director & Executive Director

Thank you, Naudia. So good morning, everyone, and I think it's still acceptable to say Happy New Year, and thank you for joining Chris and I this morning.

So you've already seen our trading statement, so I'll take you through the headlines and then update you on what we saw in the market at the back end of 2022 before opening up for questions.

I'm pleased to say that in a more uncertain and challenging market, the business performed well and we expect to report an operating profit in line with consensus and a strong margin performance, benefiting from our focus on driving price in the year and our commitment to improve cost discipline across the business.

As you'll recall, in November, we guided to group

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