Persimmon moved to shrug off investor worries about a slowdown in the housing market as it reported an improvement in revenues in the first half, driven by more home sales at higher prices.
Britain’s biggest housebuilder by market value told shareholders that revenues rose by 5% to £1.84bn over the six months to the end of June, compared with £1.75bn in the same period last year.
It increased the number of homes it sold by 3.6% to 8,072 from 7,794 last time and the average selling price edged 1.2% higher to £215,800.
