Profit slumps at Persimmon as covid hits completion rates

By Jordan Marshall2020-08-18T08:33:00

But firm says second half of year has got off to strong start

Persimmon has seen pretax profit fall by almost 43% while revenue plunged by a third in the first half as the impact of covid-19 took its toll.

The housebuilder has published its half-year results for the six months to 30 June - reporting that pretax profit had fallen to £292m from £509m in the same period last year.

...

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