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Taylor Wimpey Earned 9% More in 2018 up to €34M

27 February 2019 – Eje Prime

Taylor Wimpey improved its financial results in Spain. The company earned 9% more in 2018, up to GBP 29.2 million (€33.8 million). In parallel, the company raised its turnover to €104.2 million (€120.9 million), which represented growth of 10.6% with respect to the figure recorded a year earlier (GBP 94.2 million or €109.3 million).

The British property developer expects to see higher growth in 2019, according to the annual report published by the group. In 2018, Taylor Wimpey launched 342 new homes onto the Spanish market at an average sales price of €344,000. At the end of the year, the company had 284 homes reserved.

Taylor Wimpey España is working to start six new developments soon in the areas where it carries out its activity: three in the Balearic Islands, two on the Costa del Sol and one on the Costa Blanca (…).

Original story: Eje Prime 

Translation: Carmel Drake