Taylor Wimpey misses revenue and profit expectations

House builder, Taylor Wimpey, reported total revenue of 1,808m pounds last year, higher than the year before but short of consensus estimates.

House builder, Taylor Wimpey, reported total revenue of 1,808m pounds last year, higher than the year before but short of consensus estimates.

The year before, the company generated revenue of £1,767.7m. Analysts had predicted a slightly bigger rise to £1,830m in 2011. Meanwhile, profits before tax came in at £89.9m, against expectations of £94.1m.

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