Taylor Wimpey trading in line

Housebuilder Taylor Wimpey said it remains firmly on track to deliver double-digit operating margin in the UK in 2012, as long as present stable market conditions continue.

Housebuilder Taylor Wimpey said it remains firmly on track to deliver double-digit operating margin in the UK in 2012, as long as present stable market conditions continue.

"We expect to deliver further margin improvement in the UK beyond 2012, particularly through the development of our extensive strategic land portfolio in combination with targeted short term land acquisitions," said Taylor Wimpey, the UK's second largest housebuilder.

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