Profit boost for Persimmon

March 1, 2011
Persimmon has announced profit for 2010 of £153.9 million after exceptional items on the back of a 10.5% increase in revenue. Completions increased 4.5% to 9,384 with its average selling price up by 5.7% to £167,245. Group chairman John White said: "Despite a continuing low level of mortgage approvals, the Group is achieving improving returns and remains well positioned for …

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