Persimmon profits more than double on booming demand February 25, 2014 Another house builder riding the wave of surging demand. Following bumper results from Bovis yesterday, Persimmon has said this morning that its profit before tax more than doubled in 2013. The 54.5 per cent increase to £337.1m came about as the group “responded quickly” to growing customer demand, outperforming its original long term plan. Chairman Nicolas [...]
Persimmon steps up construction as house recovery spurs demand January 8, 2014 HOUSEBUILDER Persimmon posted a 21 per cent jump in full-year revenues yesterday helped by higher prices and strong demand. The group said it has boosted construction activity as a result of a rise in weekly sales rates and that new house sales had increased by 16 per cent to 11,528 for 2013. Meanwhile housing and [...]
Persimmon in mass job cull July 7, 2008 Persimmon, Britain’s most profitable housebuilder, will announce tomorrow that it is cutting 20 per cent of its workforce, in the latest mass cull to hit the beleaguered sector. Persimmon is expected to say it is making at least 1,000 redundancies in a trading update on Tuesday, as it attempts to reduce costs and ride out [...]