Persimmon’s sales drop but firm is upbeat

Jan. 9, 2008
Persimmon plc has experienced a fall in sales due to difficult market conditions. In its trading statement released today, the UK housebuilder reported a 5% drop in legal completions against its 2006 results. Forward sales into 2008 were £603 million, compared with £701 million the previous year. The housebuilder acknowledged that the market "had been more difficult" and that volumes …

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