Persimmon has demonstrated a positive outlook for the property market after it reported a 44 per cent rise in full-year profit. The firm has increased its land holdings in 2014 to 17,000 acres, on which it said it can build over 100,000 homes.
Persimmon has reported a 17 per cent increase in completions of house sales in 2014 despite heightened industry fears over a cooling housing market. The York-based company reported a 23 per cent year-on-year rise in full-year revenue to £2.6 billion on Wednesday, slightly ahead of analyst estimates
Persimmon remains confident of delivering further growth in Group operating profits after encouraging levels of customer confidence in the UK housing market, it said today. Releases its third quarter Interim Management Statement, which covers the period from 1 July 2014 to 3 November 2014, the Group