Persimmon delivers strong results and announces dividend programme

Feb. 28, 2012
Persimmon has announced strong full year results, noting an “encouraging” start to 2012. For the year ending December 31 2011, the volume housebuilder’s pre-tax profit grew 55%, from £95.5 million in 2010 to £148.1 million. Its operating margin increased from 8.2% to 10%. Persimmon reported a healthy landbank, with 14,300 plots acquired over 2011. This brings the total of owned …

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