A QUARTER of all jobs completed by Taylor Woodrow's construction arm this year will be for its housing and development businesses.
The contracting business carried out £82.4 million of inhouse work last year, which represents 18 per cent of its £363 million turnover.
Chief executive Iain Napier expects this to hit 25 per cent in 2003 and 30 per cent next year.
Operating profits at the construction division in the year to December 2002 fell £500,000 to £11.7 million but margins made progress, inching up from 2.8 per cent to 3.2 per cent.
Pre-tax profits for the group overall went up 15 per cent to £233 million. Housing accounts for 90 per cent of operating profits. Turnover climbed £70 million to £2.2 billion.