Persimmon takes profit hit

March 3, 2021
Persimmon’s pre-tax profit fell 25% in 2020 with completions down 14% in the face of the pandemic, but with the business reporting a strong second half. During the year ending December 31 2020, the volume housebuilder’s new home legal completions totalled 13,575 against 2019’s 15,855. The homes’ average selling price rose 6.9% to £230,534; this was mainly due to a ...

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