Persimmon says last year's profit will be higher than expected

By Will Ing2019-01-15T12:02:00

In its first update since Jeff Fairburn left, the housebuilder also said it gave £732m back to shareholders

Persimmon has said its 2018 pre-tax profits will be higher than expected as it revealed its revenue grew by 4%.

The trading update is the housebuilder’s first without Jeff Fairburn at the helm, after the former chief executive stepped down at the end of last year after months of damaging headlines about his £75m bonus.

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community