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IN BRIEF: Taylor Woodrow


Taylor Woodrow has announced a 32% increase in pre-tax profit to £224.2M for 2001 on a turnover of over £2bn. The record figures were buoyed by the group's purchase of housebuilder Bryant, which contributed £125.7M to profits.

Taywood's construction business, which was restructured to concentrate on higher margin projects, showed a profit of £10.8M, an underlying operating margin of 2.9%, which it claims, is among the best in the industry.

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