Taylor Wimpey Posts Rise In Profit

posted a 53% rise in its pretax profit for the full year. Taylor Wimpey posted a pretax profit of GBP468.8 million, compared to a year-ago profit of GBP306.2 million. Its revenue climbed to GBP2.69 billion from GBP2.29 billion. Taylor Wimpey's profit, before tax and exceptional items, surged to GBP450.1 million from GBP268.4 million. The company's board declared a final dividend of 1.32 pence a share.