Housebuilder’s profits soar to £637.8m

HOUSEBUILDER Persimmon Homes North is celebrating an outstanding performance for 2015.

Managing director Neil Follows says his team, based across the region, helped to deliver an increase in underlying profits before tax of 34% to £637.8m. This compares to £475.0m in 2014.

Full year revenues for Persimmon were up 13% to £2.9bn, with legal house completions increasing by 8% to 14,572.

Persimmon has now completed the fourth year of its nine-and-a-half year strategic plan, with performance significa... For the full story register now for free or login below...