Belfast Telegraph

Surprise profits boost for UK housebuilder Persimmon

Persimmon delivered a profits surprise despite the impact of the freezing weather on an already sluggish housing market.

The UK's second largest housebuilder said it achieved a significant increase in underlying profits for 21 after turnover lifted by 1% to around £1.57bn. This followed the completion of 9,384 sales in the year at an average price of £167,, itself an improvement of 6%.

Weekly Business Digest Newsletter

This week's business news headlines, directly to your inbox every Tuesday.