House-builder Persimmon posts 44 percent rise in full-year profit
Reuters
Published Feb 24, 2015 07:24
House-builder Persimmon posts 44 percent rise in full-year profit
LONDON (Reuters) - British house-builder Persimmon (L:PSN) reported a 44 percent rise in full-year profit on Tuesday after it sold 13,509 homes in 2014, and said the outlook for the property market was positive.
The company posted underlying pretax profit of 475 million pounds ($734 million) on revenue up 23 percent to 2.6 billion pounds.
It said 2015 had started well, with current total forward sales running 5 percent ahead of last year.
($1 = 0.6471 pounds)
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Written By: Reuters
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