Buoyant Persimmon Signals New Year Profits Cheer for Investors

Evening Standard - London (December 16, 2005)

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Summary

BRITAIN'S biggest housebuilder, Persimmon, which is taking over rival Westbury through a Pounds 643 million bid, told investors to expect another strong set of results in the year about to end.

It said it had sold about 12,600 homes in 2005 against 12,360 last year and that the average selling price had risen by 5% to just over Pounds 180,000. That

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Buoyant Persimmon Signals New Year Profits Cheer for Investors

means that group turnover will be aroun...

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