Persimmon results strike note of cautious optimism

Feb. 26, 2008
Persimmon’s low exposure to the city centre flats market, which accounted for just 2.5% of its output in 2007, has assisted in its facing the market downturn, as the group reported a healthy set of the results for the year to March 31. The plc increased pre-tax profits by 1% to £585.1 million on a turnover of £3.02 billion, and …

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