# Taylor Wimpey España celebrates another successful year
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2018-03-03
Category: LIFESTYLE
Category URL: https://financedigest.com/category/lifestyle
Meta Title: Taylor Wimpey España 2017 Full Year Results: Positive
Meta Description: Explore Taylor Wimpey España's 2017 results, revealing a 28.5% operating profit margin increase and a strong foundation for future growth in Spain.
URL: https://financedigest.com/taylor-wimpey-espana-celebrates-another-successful-yearhtml

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- **Taylor Wimpey España full year results show positive growth in 2017**
- **Operating profit\* margin up 28.5%**
- **Solid foundations in place for future growth**

Leading Spanish home builder [Taylor Wimpey Espana](http://r20.rs6.net/tn.jsp?f=001g_h11l7R7XGB1cLlGZEXylM_iwmNXFDmDUY7bQUi-Uc5GvW9cgWfXPwABF5gbyusu-o4IV-QXhwiIcgmFdR7yg2LSiRnlO4gZbOiK6B32IbY1Rz89-hngHjrRd--K334IJ65h44Asjbf_J82zY4bRs7MDowrkC823_OrDKlE4UKVoUkQnkO_Mg==&c=2wN10MnlYaP-bMj9oY1TInbmH8GXAK5rWFCwKwAR6O7-SGWxKKILvg==&ch=QTjGJ1u7B_Bw4nP38Xtv0_MR7IqA7-_L3RdNooGa933a51CwszNI2A==) is marking 60 years of Iberian success in 2018, and the just-published 2017 results reveal that the company certainly has much to celebrate.

![Taylor Wimpey España celebrates another successful year](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/fd030318-15-1736842936125-compressed.jpg)

Taylor Wimpey España celebrates another successful year

Despite the uncertainties of wider macroeconomic factors, Taylor Wimpey España has [continued to deliver beautifully designed homes in some of the most sought-after](https://www.financedigest.com/skin-lightening-products-remain-sought-after-among-women-who-continue-to-account-for-80-of-sales-study.html "Skin Lightening Products Remain Sought-after among Women, who Continue to Account for 80% of Sales: Study") locations in mainland Spain and the Spanish islands.

< [strong](https://www.financedigest.com/halfway-through-2021-what-can-you-do-now-to-finish-the-2021-investment-year-strong.html "Halfway through 2021, what can you do now to finish the 2021 investment year strong?") >”2017 was another strong year for Taylor Wimpey España and we enter 2018 in good shape. Early trading patterns this [year are already encouraging and we’re working from a solid foundation for growth](https://www.financedigest.com/the-liquid-chromatographymass-spectroscopy-market-is-estimated-to-witness-stupendous-growth-in-the-years-to-come.html "The Liquid Chromatographymass Spectroscopy Market is estimated to witness stupendous growth in the years to come") over the course of 2018, as we celebrate 60 years of delivering superb quality homes in Spain.

**Javier Ballester, Managing Director of** [Taylor Wimpey Espana](http://r20.rs6.net/tn.jsp?f=001g_h11l7R7XGB1cLlGZEXylM_iwmNXFDmDUY7bQUi-Uc5GvW9cgWfXPwABF5gbyusu-o4IV-QXhwiIcgmFdR7yg2LSiRnlO4gZbOiK6B32IbY1Rz89-hngHjrRd--K334IJ65h44Asjbf_J82zY4bRs7MDowrkC823_OrDKlE4UKVoUkQnkO_Mg==&c=2wN10MnlYaP-bMj9oY1TInbmH8GXAK5rWFCwKwAR6O7-SGWxKKILvg==&ch=QTjGJ1u7B_Bw4nP38Xtv0_MR7IqA7-_L3RdNooGa933a51CwszNI2A==)

Over the year, Taylor Wimpey España competed 301 homes (349 including [Joint Ventures](https://www.financedigest.com/bp-solar-joint-venture-expanding-in-australia-with-two-new-projects.html "BP solar joint venture expanding in Australia with two new projects"), 326 in 2016 + 7,1%), while achieving an average selling price of €352k.

The average price for new dwellings across Spain (according to Q3 2017 figures from the General Council of Spanish Notaries Public) is just €114,619, reflecting the premium value of the [Taylor Wimpey España brand](https://www.financedigest.com/brand-metrics-hires-taylor-sturtevant-as-it-focuses-on-growth-in-the-us.html "Brand Metrics hires Taylor Sturtevant as it focuses on growth in the US").

The total order book as at 31 December 2017 stood at 329 homes (390 including JV’s 363 in 2016 + 6,3%) (compared to 293 homes as at 31 December 2016).

In terms of operating profit, Taylor Wimpey España achieved a significant improvement in 2017, increasing from an operating profit of £20.6 million in 2016 to £26.8 million in 2017, with an operating profit margin of 28.5%.

**“The 2017 full year results speak to the strong position of Taylor Wimpey España, both at the present time and in terms of the potential for [future growth.](https://www.financedigest.com/plug-in-hybrid-electric-vehicles-phev-market-trends-growth-future-demand-analysis-and-forecast-by-2026.html "Plug-in Hybrid Electric Vehicles (PHEV) Market Trends, Growth, Future Demand, Analysis and Forecast by 2026") We are delighted with 2017’s performance. Our high quality locations have played a significant role in that performance and we will continue to further those successes over 2018 and the following years.”**

**Javier Ballester, Managing Director of** [Taylor Wimpey Espana](http://r20.rs6.net/tn.jsp?f=001g_h11l7R7XGB1cLlGZEXylM_iwmNXFDmDUY7bQUi-Uc5GvW9cgWfXPwABF5gbyusu-o4IV-QXhwiIcgmFdR7yg2LSiRnlO4gZbOiK6B32IbY1Rz89-hngHjrRd--K334IJ65h44Asjbf_J82zY4bRs7MDowrkC823_OrDKlE4UKVoUkQnkO_Mg==&c=2wN10MnlYaP-bMj9oY1TInbmH8GXAK5rWFCwKwAR6O7-SGWxKKILvg==&ch=QTjGJ1u7B_Bw4nP38Xtv0_MR7IqA7-_L3RdNooGa933a51CwszNI2A==)


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