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What's in the news You are here:  > Home  > media_centre  > newsarchive  > 2231823
 

Persimmon reports positive growth in East of Scotland

 
Fri, Jul 30 2010

The group, has a sizeable operation in Bathgate and reported that turnover rose a quarter to £785 million in the six months to end-June.

Legal completions across the UK increased more than 16 per cent to 4,657 homes (from 4,006), while the average selling price rose 8 per cent to £168,500, with underlying price growth of 3 per cent.

Mike Killoran, group finance director, said the Scottish housing market was performing in line with the rest of the UK and that north of the Border it was "slightly better in the east than the west".

Persimmon still had aspirations to do comfortably over 800 units in the Scottish business this year, he added, compared with 750 in its last trading year - down 15 per cent on the previous 12 months as the downturn bit.

 
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