Jeff Fairburn 2014

Jeff Fairburn, Group Chief Executive

"The Group's performance demonstrates that the successful achievement of our short term operational priorities is securing the delivery of our longer term strategic objectives."

Persimmon is one of the UK's leading housebuilders, building around 15,000 new homes a year in almost 400 prime locations nationwide. We are committed to the highest standards of design, construction and service.

We concentrate on the fundamentals of our business: maintaining a high quality landbank, maximising our strategic land capabilities, building sustainable homes, continuing to improve margins and providing good customer care.

Our improving return on capital employed and operating margins are providing a sound base to achieve our demanding Capital Return Plan for shareholders.

All of our new homes are energy efficient and many incorporate energy efficient timber frames supplied by our manufacturing business, Space4. A number of energy efficient products to enhance our new homes are also available from our Finishing Touches range.

We take our environmental responsibilities very seriously and are passionate about designing homes that are sensitive to the environment in which they are built. A focus on sustainability helps us add value to our business and our vision of the future is simple – a commitment to the creation of sustainable communities in which people want to live.

I am greatly encouraged by the energy, imagination and dedication of the whole Persimmon team from which I draw a great deal of confidence for the future of the business.

We are focused on continuing to build Persimmon into a stronger, larger business and our strong cash generation will support further investment to underpin our growth and optimise the returns we generate for shareholders.

Jeff Fairburn

Group Chief Executive