PROFILE |
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Persimmon is enjoying the fruits of hard labor. With the acquisition of Beazer, the company has doubled in size to become the UK's largest home builder. Persimmon performs residential design and constructs everything from social housing to penthouses to homes for first-time and luxury buyers. The company operates through 30 regional companies, building about 14,000 homes each year across England, Scotland, and Wales. An average home price is £105,307. It also undertakes urban development projects. Persimmon plans to expand its homebuilding operations in the North by introducing the upscale Charles Church homes in the region for the first time. Founder Duncan Davidson owns about 10% of the company.
COMPETITION |
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Barratt Developments PLC (BDEV)
The Berkeley Group plc (BKL)
George Wimpey PLC (WMPY)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 1,107.80
1-Yr. Sales Growth: (1.5)%
Employees: 2,219
Revenue per employee: $499,233.89
KEY PEOPLE |
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John White
CEO
Michael H. Killoran
CFO
CONTACT INFO |
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Persimmon House, Fulford
York North Yorkshire YO19 4FE, United Kingdom
Phone: 44-1904-642-199
Fax: 44-1904-610-014
Online: Web Site
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