Underlying profits and revenue rose strongly at Taylor Wimpey last year after it sold more houses at higher prices, despite the impact of a leasehold scandal.
Pre-tax profits at the housebuilder rose by 10.7% to £812m before exceptional items, on revenue up 7.9% at £3.97bn in the 12 months to the end of December, compared with a year earlier.
The group is one of Britain’s biggest housebuilders and is a constituent of the FTSE 100. It was created from the merger between Taylor Woodrow and George Wimpey in 2007.
