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Persimmon Posts HY Profit Before Tax Of £509.3 Mln
Blackrock Helps Persimmon Avert Revolt Over Chief's 25 Mln Stg Pay - Sky News
Persimmon Sees Overall Build Costs To Increase By About 4 Pct For Year
Persimmon Plc is a United Kingdom-based holding company. The Company is engaged in house building within the United Kingdom. The Company trades under the brand names of Persimmon Homes, Charles Church, Westbury Partnerships and Space4. The Company offers a range of homes from studio apartments to family homes in approximately 400 locations under Persimmon Homes brand. The Company builds homes under Charles Church brand in a range of locations. The Company focuses on affordable social housing and sells these homes under Westbury Partnerships. The Space4 business operates an off-site manufacturing plant producing timber frames, insulated wall panels and roof cassettes as a fabric first solution to the construction of new homes.
Chairman of the Board
Group Chief Executive, Managing Director, Executive Director
Michael Hugh Killoran
Group Finance Director, Executive Director
Senior Independent Director
Price To Earnings (TTM)
Price To Sales (TTM)
Price To Book (MRQ)
Price To Cash Flow (TTM)
Total Debt To Equity (MRQ)
LT Debt To Equity (MRQ)
Return on Investment (TTM)
Return on Equity (TTM)
Britain's second largest homebuilder Persimmon Plc <PSN.L> reported a 5 percent rise in first half revenue on Thursday, fuelled by improved house sales and a 1.2 percent rise in average prices.
Britain's second largest homebuilder Persimmon Plc reported a 5 percent rise in first half revenue on Thursday, fuelled by improved house sales and a 1.2 percent rise in average prices.
* 51.48 PERCENT OF VOTES CAST AT AGM IN FAVOUR TO APPROVE ANNUAL REPORT ON REMUNERATION Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)
* ABERDEEN STANDARD INVESTMENTS SAYS VOTED AGAINST 2017 PAY REPORT AT AGM ON WEDNESDAY.
* GROUP HAS OPENED 65 OF C. 100 NEW SITES PLANNED FOR FIRST HALF OF YEAR AND IS BUILDING NEW HOMES ON ALL SITES THAT HAVE AN IMPLEMENTABLE DETAILED PLANNING CONSENT
* CONCLUDED A ONE YEAR EXTENSION OF MATURITY OF ITS £300M REVOLVING CREDIT FACILITY ("RCF"), OUT TO 31 MARCH 2023 Source text for Eikon: Further company coverage:
* PLEASED TO ANNOUNCE APPOINTMENT OF ROGER DEVLIN AS CHAIRMAN FROM 1 JUNE 2018. Source text for Eikon: Further company coverage: (Reporting By UK Bureau)
Persimmon, Britain's second-largest builder, saw its annual profit rise by a quarter as it built more homes and lifted selling prices, sending its shares surging more than 10 percent.
* FY UNDERLYING PRETAX PROFIT ROSE 25 PERCENT TO 977.1 MILLION STG
* NICHOLAS WRIGLEY'S RESIGNATION IS EFFECTIVE FROM 26 FEBRUARY 2018
British housebuilder Persimmon <PSN.L> has scaled back potential rewards under its management bonus plan following widespread criticism of a scheme that could have netted bosses more than 200 million pounds from share options.
* AMENDMENTS TO 2012 LONG TERM INCENTIVE PLAN ENTITLEMENTS FOR JEFF FAIRBURN, CEO, MIKE KILLORAN, CFO, DAVE JENKINSON, GROUP MANAGING DIRECTOR
The boss of British housebuilder Persimmon <PSN.L> said on Wednesday he would set up a charitable trust after facing criticism over an incentive plan that could see him receive share options worth over 100 million pounds ($138.67 million).
Britain's second-biggest housebuilder Persimmon <PSN.L> hopes to achieve a modest increase in sales this year after saying it expected to beat market expectations on 2017 profits as it sold more homes.
Britain's second-biggest housebuilder Persimmon said 2017 profits will be slightly ahead of expectations as its revenue rose 9 percent to 3.42 billion pounds ($4.64 billion) after it built more homes.
The chairman of Britain's second-biggest builder, Persimmon, and the head of its pay committee quit after they failed to curb an incentive plan that could see the firm's top management make a profit of more than 200 million pounds on share options.
The chairman and senior independent director of Persimmon, Britain's second biggest housebuilder, have resigned after recognising they did not put a cap on a lucrative management incentive scheme introduced in 2012.
* NICHOLAS WRIGLEY, CHAIRMAN, HAS INFORMED BOARD OF HIS INTENTION TO RESIGN
Shares in British housebuilders tumbled on Wednesday after the government said it would reclaim land that was not developed quickly enough, potentially hitting future profits.
* customer activity has strengthened in line with traditional seasonality as we have moved from quieter summer weeks into autumn period.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.