Get all your news in one place.
100's of premium titles.
One app.
Start reading
Evening Standard
Evening Standard
Business
Michael Hunter

House market slump hits Persimmon profit as south and east counties stay "weak"

Shares in the UK’s second biggest house builder have hit the bottom of the FTSE 100 after a slump in profit and a warning over pricing in the south and east.

Persimmon reported a slump of over 50% in annual profit of £351.8 million. Revenue fell almost  30% to £2.8 billion for 2023.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.