Persimmon’s positive first half

By Sandy Guthrie18 August 2015

An increase in profit before tax of 31% has been reported by UK housebuilder Persimmon for the first six months of 2015.

The figure rose to £272.8 million (€383.88 million) from £208.9 million (€293.96 million) in the same period a year earlier.

It said revenue was up 11% in the first half to £1.33 billion (€1.87 billion) from £1.20 billion (€1.69 billion) last year.

Jeff Fairburn, group chief executive, said the group was continuing to take advantage of the current market opportunities to deliver sustainable growth while also using its “excellent cash generation to build a strong asset platform for the future”.

He said, “The performance in the first half of 2015 further demonstrates the results of the group’s focus on successfully executing its operational objectives and the delivery of the ten-year strategic plan launched in 2012.

“We are confident that our long-term strategic focus through the current cycle will continue to deliver strong returns for our shareholders.”

Latest News
JLG Q3 results show strong return of demand
JLG’s Q3 sales up 89.4% to $924.3 million, OEM says access equipment market is in early stages of multi-year growth cycle
Hear about 300-metre stack demolition at WDS 2021
World Demolition Summit conference programme to include US Widows Creek fossil plant project
Billion-plus UK demolition framework announced
National provider Pagabo issues prior information notice for four-year, £1.56 billion framework