Persimmon

Persimmon has reported a significant fall in housing completions and warned it expects market conditions to remain “highly uncertain”. 

Persimmon has appointed Stephen Partington as its new regional strategic land director in Scotland. An industry expert with over 20 years’ experience in dealing with strategic land, Mr Partington joined the company from Stewart Milne Homes earlier this month.

Housebuilder Persimmon has told investors that its margin and profits will be lower than last year due to a marked decrease in completions. In its final results for the year ended 31 December 2022, the company said that while it is too early to assess a full year sales rate, should current rate

Housebuilder Persimmon has appointed Jason Windsor as its new chief financial officer as the firm noted a return to near pre-pandemic levels. Mr Windsor is expected to join in the summer and will become an executive director on the board at that time. He will succeed Mike Killoran, who announced in

Persimmon has said its positive outlook has been reaffirmed by a strong trading performance which saw profits and productivity return to pre-Covid levels.

Strong demand from buyers and rising property prices helped Persimmon increase sales above pre-pandemic levels in the first half of the year, the housebuilder said today.

Persimmon said yesterday it is currently on course to deliver a “good result” for 2020 with the recent tightening of COVID-19 restrictions across England and Scotland having a “relatively limited impact” on its operations.

Persimmon has announced an interim dividend on the back of an “excellent” start to the second half.

Springfield Properties, Persimmon and Morgan Sindall have all revealed plans to suspend dividends to shareholders to preserve cash amid the COVID-19 outbreak.

Housebuilder Persimmon has reported a dip in profits as a focus on improving its quality of homes and services saw a decrease in the number of homes sold.