Persimmon reports £480m first half profit

PersimmonHomesshutterstock_1506990341

Shares in housebuilder fall as housebuilder says more “normal” trading patterns to return

Housebuilder Persimmon has seen profits return to within a whisker of its pre-covid level, in half year results published this morning.

The UK’s third biggest housebuilder reported a pre-tax profit of £480m for the six months to the end of June, up almost two-thirds on the covid-hit equivalent last year, when it made £292m.

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