24-Feb-2015 07:28 AM
Persimmon has improved its FY pretax profit to £467.0m, from £337.1m a year earlier. Revenue hit £2.57bn, from £2.09bn. Chairman Nicholas Wrigley described the performance as strong and well balanced.
"We have undertaken disciplined investment
07-Jan-2015 07:25 AM
Persimmon delivered a strong performance in 2014 with an increase of 17% in legal completions to 13,509 new homes, against 11,528 a year ago.
It said the 36% increase in the number of new homes delivered to the market by Persimmon over the last two year
04-Nov-2014 07:26 AM
Persimmon said as a result of the continued disciplined growth of the business it expects a substantial level of cash holding by the year end (31 December 2013: £204.3 million), even after allowing for the on-going significant investment in land and work
19-Aug-2014 07:22 AM
Persimmon's H1 pretax profit rose to £208.9m, from £132.9m a year ago. Revenue was £1.198bn, from £899.9m a year earlier.
"Persimmon has produced another strong performance in the first half of 2014, taking advantage of the current market o
02-Jul-2014 07:10 AM
House builder Persimmon said trading during the first six months of this year has been strong. Total revenues have increased by 33% to £1.2 bn (2013 : £0.9bn).
The Group legally completed 6,408 new homes (2013 : 5,022) during the period, up 28% on th
16-Apr-2014 07:28 AM
House builder Persimmon said the new financial year has started well with visitor levels up 10% over the prior year during the initial fifteen weeks of trading.
Cancellation rates over this period of 14% continue to run at historically low levels (2013:
16-Apr-2014 07:26 AM
Persimmon said its new financial year has started well with visitor levels to sites up 10% year on year during the initial fifteen weeks of trading. Cancellation rates over this period of 14% continue to run at historically low levels.
In an interim mana
25-Feb-2014 07:11 AM
House builder Persimmon said underlying profit before tax increased by 49% to £330m in the year to end-December (2012: £222m). Legal completions rose 16% to 11,528 and average selling price increased 4% to £181,861.
Full year revenue was up 21% to £2
14-Jan-2014 01:06 PM
JP Morgan Asset Management has taken its interest in house builder Persimmon to the 5% threshold.
At 1:06pm: (LON:PSN) Persimmon PLC share price was -7.5p at 1338.5p
Story provided by StockMarketWire.com...
08-Jan-2014 07:08 AM
House builder Persimmon said it has had a strong finish to the year.
The Group has increased the volume of new house sales delivered to 11,528 for the year, 16% ahead of the previous year. The robust build disciplines enabled the Group to legally comp
13-Dec-2013 03:17 PM
Persimmon has appointed North division chief executive David Jenkinson as an executive director.
Jenkinson has been the chief executive of Persimmon's North division since January with responsibility for 12 regions from the East Midlands to Scotland
20-Nov-2013 01:52 PM
Barclays Capital starts equal weight on Persimmon, target price 1,280.4p. Barclays Capital starts overweight on Taylor Wimpey, target price 146.8p.
Barclays Capital starts overweight on Redrow, target 356p.
Barclays Capital starts equal weight on Gallif
07-Nov-2013 01:55 PM
Liberum Capital starts buy on easyJet, target 1,500p. Deutsche Bank downgrades Weir Group to hold from buy, target cut from 2,300p to 2,200p.
Liberum Capital lifts Afren to buy from hold, target raised from 136p to 197p.
Liberum Capital starts buy on La
06-Nov-2013 07:09 AM
House builder Persimmon said today the improvement in sales activity reported at the time of half year results has continued. Visitor levels have been c.20% ahead of the prior year. Cancellation rates are at historic lows.
Whilst recognising the slower
30-Sep-2013 02:05 PM
Numis cuts Royal Bank of Scotland to add from buy, 410p target unchanged. Numis cuts Ladbrokes to hold from add, target cut from 210p to 185p.
Credit Suisse lifts Michael Page International to neutral from underperform, target raised from 420p to 490p.
20-Aug-2013 07:20 AM
House builder Persimmon said legal completions were up 7% to 5,022 in the half-year to end-June (2012: 4,712).
Underlying pre-tax profits increased 40% to £135.3m (2012: £96.9m).
Revenue was 12% ahead at £899.9m (2012: £806.7m).
03-Jul-2013 02:14 PM
Canaccord Genuity lifts PZ Cussons to buy from sell, target raised from 332p to 440p. Espirito Santo retains buy on Diageo, target cut from 2,280p to 2,250p.
Goldman Sachs retains conviction buy on Persimmon, target raised from 1756p to 1811p.
02-Jul-2013 07:09 AM
House builder Persimmon, newly promoted to the FTSE100, said the group legally completed 5,022 new homes (2012: 4,712) in the first six months of the current year, an increase of 7% on the first half of 2012.
Site visitors during the first half of the ye
03-Jun-2013 03:26 PM
Persimmon will be releasing its interim management statement for the period from 1 July to 5 November on 6 November.
At 3:26pm: (LON:PSN) Persimmon share price was -47p at 1173p
Story provided by StockMarketWire.com...
18-Apr-2013 07:53 AM
Persimmon has enjoyed a good start to 2013 with visitor levels up about 5% and cancellation rates down to about 16%, from 17%
The company had already opened 52 of the roughly 90 new sites scheduled for the first half of 2013, it said in an interim manage
25-Feb-2013 09:05 AM
The housebuilder, Persimmon, has announced its final results for the year ended 31 December 2012 which show that underlying profit before tax increased by 52% to £225.1m (2011: £148.1m)
Full year revenue was up 12% to £1.72bn (2011: £1.54bn).
09-Jan-2013 02:14 PM
Investec cuts HSBC Holdings to hold from buy, target price 685p up from 650p. Investec cuts Tullow Oil to sell from hold, target price 1,000p, down from 1,399p.
Numis cuts Persimmon from hold to reduce, target price remains at 731p.
Bank of America Merr
08-Jan-2013 02:04 PM
Investec cuts HSBC Holdings to hold from buy, target price 685p from 650p. Numis cuts Persimmon from hold to reduce, target price remains at 731p.
Investec cuts Tullow Oil to sell from hold, target price 1,000p from 1,399p.
Bank of America Merrill Lync
08-Jan-2013 07:28 AM
Housebuilder Persimmon said today the volume of new homes legally completed in 2012 increased by 6% over the prior year to 9,903 (2011: 9,360).
With an average selling price of c. £173,400 (2011: £163,999), also 6% ahead of the prior year, revenues f
29-Nov-2012 02:03 PM
Nomura downgrades Mitchells & Butlers from buy to neutral, target price raised from 300p to 322p. HB Markets downgrades Smith & Nephew from buy to hold.
Jefferies International downgrades British Sky Broadcasting from hold to underperform, target price c