Persimmon
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Persimmon expects sales to fall by 40%
Profit for 2023 is expected to be markedly lower than last year
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Persimmon’s forward sales slashed in half
Total forward sales drop from £1.6bn to £1bn, while private sales slide from £1.1bn to £500m
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Persimmon pins hopes on H2 as revenue slides
Housebuilder completed 6,652 homes in H1, but said it is on track to build 15,000 by year end
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Housebuilders sign government building safety pledge
First housebuilders confirm agreement with government over cladding repairs
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Bosses’ bonuses bounce back for housebuilders
Persimmon’s Dean Finch took home £2.6m, while Taylor Wimpey’s Pete Redfern netted £2.8m
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Persimmon’s profit nears pre-pandemic levels
Pretax profit fall nears £1bn as revenue grows to £3.6bn
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Persimmon hires new CFO after ‘excellent’ year
Jason Windsor will succeed Mike Killoran, who retires this week
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Elliott Advisers wants Persimmon’s Jenkinson to head Taylor Wimpey
The activist investor also suggested Crest Nicholson’s Truscott and Barratt’s Boyes as candidates
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Persimmon sees return to pre-pandemic form
Sales are “well ahead” of 2019 levels, but volumes won’t be as high until next year
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Reversal of fortune for Persimmon after building flats backwards
The housebuilder has had to make changes to 262 homes in Colchester, built the wrong way round
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Persimmon hails ‘robust’ first half
Profit is up to £480m on revenue of £1.84bn, but housebuilder is still behind 2019 performance
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Consortium scores approval for 4,254-home Didcot Valley Park
Taylor Wimpey, Persimmon and Hallam Land secure consent