Persimmon posts 25% drop in profit

By Joey Gardiner2021-03-03T10:13:00

Listed housebuilder says weekly site sales up 7% so far in 2021

Top three UK housebuilder Persimmon saw profit fall by just a quarter in 2020 despite the impact of the covid crisis, endorsing its decision not to furlough staff during the spring lockdown.

Persimmon today reported pre-tax profit of £784m for the calendar year 2020, 25% down on 2019, on revenue of £3.3bn, a drop of just 9%.

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