Persimmon plc
Persimmon: H1 2006 trading statement
Persimmon, the housebuilder released a positive trading update for the half year to June 2006. The company said like-for-like sales reservations were up 7% while sales revenue (bookings for the full year) was around £2.4bn (H1 2005: £1.78bn).
Units booked for the full year rose to 13,000 from 9,974 in the same period last year.
The bookings […]
Persimmon: FY05 results
Persimmon, the housebuilder reported a 5.9% increase in pre-tax profits for the year to December 2005 (to £495.4m). Operating margins at 23.1% were slightly weaker than lat year (23.4%) but respectable nevertheless. Completions rose to12,636 houses (2004: 12,360) at an average selling price of 180,892 (2004: £172,431).
Most interestingly, the company completed the £643m acquisition […]
Persimmon: Trading statement
Housebuilder Persimmon expects to report an 8% increase in turnover for the year to December 2005. Unlike many of its peers, Persimmon figures for the year look quite healthy; legal completions of 12,600 (a small increase from last years 12,360), higher average selling prices (£180,500 v £172,431), both of which have contributed to the increase […]
Persimmon: H1 Results
Housebuilder Persimmon said pre-tax profits for the half year to June 2005 rose by 7% to £235m. Turnover increased by 10% to £1.1bn, due to higher average prices (£183,581 against £171,082 last year) but completions dropped slightly to 5,954 units compared to 6,058 last year.
The company admitted that trading conditions weakened in the first half […]
Persimmon: Trading update
Persimmon expects improved profits for the half year to June 2005, despite poorer trading conditions.
The company has completed around 6,000 houses, a similar level to the same period last year (H1 2004: 6,058 units). The company has increased the number of selling outlets by around 15%, widening its’ geographical coverage and is also spending more […]
Persimmon
Housebuilder Persimmon reported record profits for the year to December 2004 on the back of improved selling prices (on average, up 11% over last year) and higher unit sales. In contrast to a number of other construction companies, Persimmon has managed to maintain the momentum seen in the first half of the year (when […]
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