Profits up to £272.8m for Persimmon

THE managing director of one of national housebuilder Persimmon is celebrating with the group’s impressive performance in the first half of 2015.

As Persimmon Homes has announced an increase in pre-tax profits of 31%, Neil Follows said his focus for the second half of 2015 was to deliver further new homes into the area and recruit more local people to join his growing team.

Persimmon reported pre-tax profits of £272.8m for the first half of 2015, with revenue up 11% to £1.33bn.

Legal completions of homes increased 7% to 6,855, with an average selling price of £194,378, which is up 4%.

The company has already opened four new developments in the region this year and is focused on launching further new sites in Wigan, Bromborough, Warrington, Bramhall, Stalybridge, Alsager and Shavington in the second half of the year.

“As we continue to grow, so do our teams,” said Follows. “Since January, our headcount across the Group has increased by just over 500 to 4,000 people and this doesn’t include the thousands of suppliers employed to support our internal teams in delivering new homes.”

“Locally, we’ve recruited more people into our sales, construction and technical teams and we continue to recruit each month.

“Our ex-military recruitment drive goes from strength to strength and, nationally, we have 120 combat to construction trainees and a further 42 ex-forces employees who have joined us from the military. We expect to have close to 200 ex-military employees by the end of the year.”

Click here to sign up to receive our new South West business news...
Close