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Persimmon back to pre-pandemic building levels
PSN.L) jumped to the top of the FTSE 100 on Tuesday thanks to a strong half-year report.” data-reactid=”25″House builder Persimmon (PSN.L) jumped to the top of the FTSE 100 on Tuesday thanks to a strong half-year report.
Persimmon chief executive Dave Jenkinson confirmed that building rates were “back at pre-Covid levels” as the company confirmed a 40p per share interim dividend.
Revenue in the six months to the end of June was down 35% to £1.1bn ($1.4bn) and pre-tax profit fell 42% to £292m. However, this had been expected given months of lockdown in the first half of the year.
“Despite the significant disruption, the Group’s preparedness, agility and strength ensured a robust first half performance with 4,900 new home completions and