Persimmon profits plunge 43% as construction returns to pre-Covid building levels
Britain’s biggest house builder Persimmon said its build rate reached normal levels by the end of June and it restored its dividend to shareholders, it revealed today. Pre-tax profits plunged 43 per cent from £509.3million to £292.4million. Revenues were also down 32 per cent to £1.19billion, from the £1.76billion it reported a year earlier, after … Read more