Taylor Wimpey plc (TWODY) Q1 2026 Sales/Trading Call Transcript
Taylor Wimpey plc reported steady trading in Q1 2026, with a slight year-on-year decline in net private sales rates amid a challenging macroeconomic environment. The company's order book totaled £2.2 billion, and cancellation rates remained stable at 14%. CEO Jennie Daly emphasized the resilience of sales teams and customer support throughout the buying process. The firm maintained a consistent operational outlook despite external uncertainties.
- ▪Taylor Wimpey's net private sales rate for the year-to-date was 0.74 units per outlet per week, down from 0.77 in the same period last year.
- ▪Excluding bulk sales, the net private sales rate was 0.72 units per outlet per week compared to 0.76 the prior year.
- ▪The company reported a 14% cancellation rate and a total order book of £2.2 billion.
- ▪CEO Jennie Daly highlighted ongoing challenges from the macroeconomic backdrop but noted strong performance from sales teams.
- ▪The trading update was released on April 28, 2026, with participation from executives and several research analysts.
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