Taylor Wimpey (LSE:TW.) revealed in its AGM statement that sales in the year to date have been steady, while it is seeing underlying pricing pressure and expects build cost inflation to be low to mid single digit for 2026.
Net private sales were 0.74 per outlet per week to 26 April (2025: 0.77) with a cancellation rate of 14% (2025: 16%), excluding bulk sales, whilst the net private sales rate was 0.72 (2025: 0.76), and the total order book stood at £2,229 million (2025: £2,335 million), representing 7,689 homes (2025: 8,153).
The construction group operated from an average of 219 outlets year to date (2025: 208) and currently from 218 (2025: 201), its short-term landbank was c.76k plots at end‑March (2025: c.78k) with a strategic pipeline of c.133k potential plots (2025: c.136k), and it has approved c.1k plots year to date (2025: c.1.7k).
The board said it intends to pay a 2025 final ordinary dividend of 2.95p per share on 15 May, in line with its updated Distribution Policy to return c.5% of net assets via ordinary dividend, plus a further 2.5% by dividend or buyback. The company has bought 39.0 million shares (£34.9 million) of a planned £52 million programme expected to complete in the first half.
"We remain focused on delivering growth over the medium term and value for all our stakeholders," said Jennie Daly, Chief Executive.
