Persimmon profits surge helped by Help to Buy boost
Profits at housebuilder Persimmon jumped by more than 50% last year, thanks in part to the government's Help to Buy scheme.
Pre-tax profits jumped to £337.1m in 2013, compared with £218.2m in the previous year.
The firm said it had also benefitted from mortgage credit becoming more easily available, and a general pick-up in consumer confidence.
It said forward sales for 2014 were already "strongly ahead".
As of 24 February, Persimmon said it had secured £1.4bn of forward sales for 2014, compared with £1bn at the same point in 2013.
Group chairman Nicholas Wrigley said it was a "robust overall performance".
"We anticipate a further year of encouraging sales growth in 2014," he added.
Persimmon said the average selling price for one of its properties was now £181,861, up 4% on 2012.
The company said that it acquired more plots of land for building last year, and that it now had enough for six and a half years.