Buoyant Persimmon shrugs off rising costs to see revenue eclipse pre-pandemic level

By Carl Brown2021-07-08T07:29:00

Housebuilder says booming demand mitigating increasing cost of building homes

Persimmon has shrugged off rising costs as turnover increased by more than half in the first six months of the year.

In a trading update this morning, the housebuilder said revenue will be £1.84bn when it releases its interim results for the half year to 30 June next month, a 54% hike on the £1.2bn it reported for the same period last year when sales were hit by the covid-19 pandemic.

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community