Persimmon gets lift from results
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![Persimmon gets lift from results Persimmon gets lift from results](https://masterinvestor.co.uk/wp-content/uploads/2019/11/shutterstock_559826938-800x475.jpg)
The price of shares in FTSE 100 property developer Persimmon (LON:PSN) climbed 4.46% to 2,831p (as of 12:35 GMT) after the company posted results for the year ended 31st December. Total group revenues were down by 8.7% for the period and pre-tax profits fell by 24.6% as COVID significantly disrupted operations for large parts of the year.
CEO Dean Finch commented: “Persimmon delivered a robust performance in 2020 despite the challenges presented by the pandemic. I would like to commend our workforce for the effective way Covid-secure operating protocols have been adopted, protecting our customers, local communities and colleagues alike whilst maintaining effective on-site operations“.
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