Persimmon revenue beats pre-covid level

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Housebuilder reports 54% turnover increase driven by house price surge

Persimmon has reported a 54% increase in turnover, fuelled by the recent surge in house prices.

The housebuilder, in a trading update this morning, reported £1.84bn of revenue for the six months to 30 June. This is up on the £1.19bn  for the same period last year and is higher than the £1.75bn booked in 2019 before the covid-19 pandemic struck.

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