Persimmon plc announced revenue results for the full year ended December 31, 2012. Revenues for the period totaled £1.72 billion against £1.54 billion in 2011, an increase of 12%.

The company announced that Mike Farley, Group Chief Executive, has decided to retire at the AGM in April and will be succeeded by Jeff Fairburn, currently Persimmon's Group Managing Director and CEO of the Northern Division.