UK's Taylor Wimpey falls after warning on FY profit outlook

By Reuters News

** Shares of British homebuilder Taylor Wimpey TW.L down 4.6% at 78.6p

** Expects 2026 adjusted operating profit at bottom end of the £262 mln to £299 mln ($349.69 mln to $399.08 mln) consensus range

** Lowers FY UK completions guidance to ~10,500 homes from prior forecast of 10,600 to 10,800 homes, citing a subdued autumn selling season

** So far this year, TW down 23.4%

($1 = 0.7492 pounds)

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk