Posts Tagged ‘persimmon’
Persimmon announces New Home Sales increased in half year results.
Persimmon plc today announces half year results for the six months ended 30 June 2018. They announced that both Profit before tax and New Home Sales increased. Jeff Fairburn, Group Chief Executive, said: “These strong results reflect the continued successful delivery of the Group’s long term strategy and our commitment to meeting customer demand in…
Read MorePersimmon announces excellent trading results for first half 2017
Persimmon plc today announces half year results for the six months ended 30 June 2017. Profit before tax increased 30% to £457.4m (2016: £352.3m) Jeff Fairburn, Group Chief Executive, said: “The successful execution of the Group’s long term strategy continues to support excellent trading results as seen again in the first half of 2017. Our…
Read MorePersimmon plc half year results
Persimmon plc today announces half year results for the six months ended 30 June 2016. Profit before tax increased 29% to £352.3m (2015: £272.8m) Jeff Fairburn, Group Chief Executive, said: “Persimmon’s robust trading performance in the first half of 2016 was driven by our continued focus on meeting market demand to deliver controlled sustainable growth.…
Read MoreAre Housebuilders Being affected by “Brexit”?
Property stocks dropped on Tuesday with real estate investment trusts dropping after Standard Life Investments suspended trading in a real estate fund and housebuilders slumping on worries about the sector’s outlook after a Brexit. Taylor Wimpey share price dropped almost 10p down to 121p, Brexit has provided media with the opportunity to turn a drama…
Read MoreHouse builder Persimmon posts bumper results
Persimmon is the latest house builder to benefit from the UK’s chronic housing shortage after reporting a sharp increase in annual profits yesterday. Higher prices and higher demand driven by a lack of supply has pushed sales up by 13% to £2.9bn in the year to the end of December. Nicholas Wrigley, Group Chairman, reportedly said:…
Read MoreMassive housing boost from Persimmon
The Chancellor of the Exchequer George Osborne welcomes the massive housing boost from Persimmon, they have announced to build over 80,000 homes and create 1000 jobs over the next five years. The 1,000 new employees will join Persimmon’s existing 4,500-strong workforce, which in the past year has included 200 young apprentices. The company started work…
Read MorePersimmon third quarter trading.
Yesterday Persimmon the house builder released their third quarter trading statement for the period 1st July to 3rd November 2015. The group stated that as they moved into the autumn selling season customer activity strengthened in line with the traditional seasonality of the market. In the statement it reported private sales rate in the period…
Read MorePersimmon reports increase in pre-tax profits
Housebuilder Persimmon reports pre-tax profit has surged by almost a third on the back of solid revenue growth, continued improvement in operating profitability and a strengthening of the company’s financial position. Pre-tax profit for the six months ended 30 June were £272.8m from £208.9m in the first half of last year, on revenue of £1.33bn,…
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