Persimmon first-half profits down
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Posted 21 August 2008 @ 08:20 am GMT
Housebuilder Persimmon reported a 64 percent fall in profits on Thursday and reduced its dividend to 5 pence per share from 18.5 pence due to tough first half trading and very difficult housing market conditions.
REUTERS/Phil Noble
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first half persimmon profits results
First Great Western to invest £29 mln in service improvementsThe company posted 100.9 million pounds in profits before tax for the six months to end-June, compared to 281.1 million last year and two analyst estimates of between 102.7 million and 104.9 million pounds.
(Reporting by Marc Roca)
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