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Wimpey reaps benefit of Tarmac swap

Language: English Series: Financial Times ; 26 February 1997, 31(1)Publication details: 1997Subject(s): Summary: Wimpey, the UK`s biggest housebuilder, doubled pre-tax profits in 1996 from £15.6m to £31.5m as it reaped the first benefit of its £600m asset swap with Tarmac.

Wimpey, the UK`s biggest housebuilder, doubled pre-tax profits in 1996 from £15.6m to £31.5m as it reaped the first benefit of its £600m asset swap with Tarmac.