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Persimmon's 2017 full-year profit after tax rises 25.8% YOY

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Persimmon's 2017 full-year profit after tax rises 25.8% YOY

Persimmon PLC's 2017 full-year profit after tax came to £786.9 million, a rise of 25.8% from £625.3 million in the prior-year period.

Earnings per share totaled 243.1 pence for the period, up from 197.0 pence in 2016.

Revenue rose 9.1% on an annual basis to £3.42 billion from £3.14 billion.

The company said it delivered a total of 16,043 new homes across the U.K. in 2017, increasing its total 2016 completed homes by 872 units.