Residential

Persimmon warns of ‘uncertain’ year ahead despite strong FY22  

The group warned that it ‘inevitably’ see a sharp fall in the number of completions as well as a decline in profitability amid higher mortgage rates and challenging economic circumstances

Persimmon has welcomed a strong year of trading, with revenues up by £200m to £3.82bn, yet despite a strong demand for homes over the period, it has warned of future uncertainty in the housing market. 

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