Business Review

Our 2008 Performance

Taylor Wimpey plc is a focused homebuilding company with operations in the UK, North America, Spain and Gibraltar. We aim to be the homebuilder of choice for customers, employees, shareholders and communities.

Financial summary

2008 2007
Revenue – continuing (£m) 3,467.7 4,142.8
Operating profit* – continuing (£m) 88.7 439.2
Pre-tax (loss)/profit** – continuing (£m) (74.7) 346.1
Exceptional items (£m) (1,895.0) (379.7)
Loss for the year – total Group (£m) (1,840.0) (196.7)
Adjusted (loss)/earnings per share – continuing (p) (9.4) 29.5
Loss per share – total Group (p) (174.8) (24.2)
Tangible net assets per share (p) 158 274
Year end net debt (£m) 1,529.3 1,415.4
* Profit on ordinary activities before finance costs, exceptional items, brand amortisation and tax.
** (Loss)/profit on ordinary activities before exceptional items and tax.