UK homebuilder Persimmon said it had made a strong start to the year, with revenues in its first half up 33% to £1.2 billion (€1.5 billion) as at 30 June, 2014.

The group legally completed 6,408 new homes, compared to 5,022 in 2013, up 28%, while the average selling price increased by 4% to £186,000 (€234,000), from 2013’s £179,199 (€224,000).

Persimmon announced it had opened 90 new sites in the first half of the year leaving its outlet network slightly lower at 380 active sites, having sold out a number of existing sites more swiftly as a result of stronger sales rates. The company plans to open 100 new sites during the second half of the year.

Persimmon’s forward sales revenue as at 30 June, 2014, was £1.18 billion (€1.48 billion), up 28% on 2013’s £920 million (€1.15 billion).

The firm will announce its half-year results on 19 August 2014.

Newsletter

Delivered directly to your inbox World Construction Week features the pick of the breaking news stories, product launches, show reports and more!

Sign up for free

Newsletter

Delivered directly to your inbox World Construction Week features the pick of the breaking news stories, product launches, show reports and more!

Go to newsletters