Housebuilder has firm foundations for 2021 helped by average house price rise
Housebuilder Persimmon produced a "robust performance" in 2020, helped by strong completions in the second half of a year impacted by Covid-19.
The York-based group sold nearly two-thirds of its annual total in the final half of the year, with the Government's changes to stamp duty a contributing factor.
New home completions for the year were down 14%, to 13,575, although a higher average selling price of £230,000 meant Persimmon's revenues only dropped 9%, to £3.33bn.
Dean Finch, the former National Express boss who jo... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
