Taywood upbeat over future

Taylor Woodrow has said today (Thursday) that it is trading in line with expectations for the year ending 31 December 2002 as both the UK and the North American housing markets remain strong.

The housing and development company said housing is likely to represent over 80% of operating profit in the period.

The UK housing order book has increased 20% on last year to £237m, while the North American order book has increased 17%, up to £277m.