Housebuilder papers over recent troubles with strong financials
Housebuilder Persimmon has shrugged off the controversy about its management bonuses to deliver a strong set of first half results.
For the six months to the end of June, the York-headquartered firm posted a 13% rise in pre-tax profit to £516.3m and group revenue of £1.84bn, up 5% from £1.75bn in the prior year period. Forward sales are 6% ahead of last year at £2.12bn, placing the group in a strong position for the second half of the year.
New home sales increased 4% to 8,072 while the average selling price of new homes was... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...