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Persimmon Plc FY Underlying Pretax Profit Declines

Persimmon Plc FY Underlying Pretax Profit Declines
LONDON (dpa-AFX) - Persimmon Plc (PSN.L) reported profit before tax of 783.8 million pounds for the year ended 31 December 2020 compared to 1.04 billion pounds, previous year. Earnings per share was 199.6 pence compared to 266.3 pence. Underlying profit before tax declined to 863 million pounds from 1.05 million pounds. Underlying earnings per share was 219.9 pence compared to 268.6 pence.
For 2020, total revenues was 3.33 billion pounds compared to 3.65 billion pounds, prior year. New housing revenues declined to 3.13 billion pounds from 3.42 billion pounds.
Copyright RTT News/dpa-AFX
© 2021 AFX News ....

City Of , United Kingdom , Persimmon Plc , நகரம் ஆஃப் , ஒன்றுபட்டது கிஂக்டம் , ப்ஸிமந் ப்ல் ,

Government and Bank policies boost Persimmon as it enters 2021

Government and Bank policies boost Persimmon as it enters 2021
August Graham, PA City Reporter
3 March 2021, 8:16 am
Persimmon has kicked off 2021 on a better footing than last year as Government and Bank of England policies helped boost the housebuilder.
The business, which revealed that pre-tax profits were down by a quarter to £783.8 million in 2020, said its average private weekly sales rates so far are 7% above last year’s levels.
Meanwhile, forward sales are at £2.3 billion, up 15% year on year, due to low interest rates, the availability of mortgages and Government support.
The Bank of England’s base rate was slashed to a record-low 0.1% last year in response to the pandemic. ....

August Graham , Association Government , Press Association , Chancellor Rishi Sunak , Dan Lane , Bank Of England , Help To Buy Scheme , Government Subsidies , Interest Rates , ஆகஸ்ட் கிரஹாம் , சங்கம் அரசு , ப்ரெஸ் சங்கம் , அதிபர் ரிஷி சுனக் , டான் சந்து , வங்கி ஆஃப் இங்கிலாந்து , உதவி க்கு வாங்க திட்டம் , ஆர்வம் ரேட்ஸ் ,