Almost all UK housebuilders’ revenues fell as fewer homes built during covid July 13, 2021 Only one of the biggest housebuilders in Britain has seen an increase in its revenue and built more homes in 2020, new research shows. The latest research from Warwick Estates has revealed that Vistry Group was the only major house builder which saw improved performance in terms of the number of houses delivered, and in revenue. The [...]
Persimmon revenues drop as fewer homes completed July 4, 2019 Higher house prices were not enough to boost Persimmon’s top line in the first six months of the year as fewer homes stood ready in the half. Revenues at the company dropped 4.5 per cent year-on-year to £1.75bn. Read more: UK house prices – Growth falls to four-month low in June A higher average selling [...]
Surging house prices fuels revenue growth at Persimmon July 8, 2021 Housebuilder Persimmon posted a strong set of results for the first six months of the year, driven by surging house prices. Revenues climbed to £1.84bn in the first half of 2021, up from £1.75bn over the same period in 2019 – before the pandemic struck. Income for 2020 was £1.19bn. Surging house prices driven by [...]
Persimmon to pay extra dividend on back of ‘robust’ summer performance November 10, 2020 Housebuilder Persimmon today announced that it would pay an interim dividend of 70p per share in December after fending off the challenges of the coronavirus pandemic. The extra payout comes on top of a 40p per share dividend paid in September, and means that the company will have fully replaced its previously delayed 110p per [...]
Persimmon’s first-half profit slumps before market rebound August 18, 2020 Housebuilder Persimmon’s pre-tax profit tumbled 42 per cent in the first half of the year, but the company said it had had an “excellent start” to the second half as market sentiment improved. The figures Persimmon’s profit before tax fell 42 per cent to £292.4m in the six months ending 30 June, down from £509.3m [...]
Persimmon profit falls as it tries to tackle quality complaints August 20, 2019 Persimmon has reported a drop in profit for the first half of the year as it spent heavily on schemes to aimed to counter complaints over the quality and fire safety of its homes. The figures Britain’s second largest housebuilder reported a 1.4 per cent drop in pre-tax profit, which fell to £509.3m for the [...]
Persimmon apologises over Help to Buy faults July 15, 2019 Housebuilding giant Persimmon has been forced to apologise to Help to Buy customers after it was revealed that new homes built by the company were riddled with faults. Persimmon builds more Help to Buy properties than any other developer but an investigation by Channel 4 found that one new build home had a total of [...]
Persimmon and Bellway homes found to have significant fire safety issues May 1, 2019 New-build homes made by housing developers Persimmon and Bellway have been sold with missing or incorrect fire barriers, subjecting residents to potentially dangerous fire safety issues, according to reports. Read more: Grenfell-style combustible cladding ban to cost £337m The lack of barriers, designed to halt the spread of flames, could be behind the spread of [...]
Persimmon and Bellway homes found to have significant fire safety issues May 1, 2019 New-build homes made by housing developers Persimmon and Bellway have been sold with missing or incorrect fire barriers, subjecting residents to potentially dangerous fire safety issues, according to reports. Read more: Grenfell-style combustible cladding ban to cost £337m The lack of barriers, designed to halt the spread of flames, could be behind the spread of [...]
Housebuilders Persimmon and Vistry report growing customer demand post-lockdown July 9, 2020 UK housebuilders Persimmon and Vistry this morning reported a boost in customer demand since reopening sales offices after months at a standstill during the coronavirus lockdown. Persimmon said demand was “positive”, with reservations up 30 per cent year on year. The FTSE 100 firm’s share price jumped more than six per cent following the announcement. [...]