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Persimmon sails through the headwinds

Despite continuing sector doubts, there is no escaping the housebuilder’s huge profitability
Persimmon sails through the headwinds
  • Operating margin up to 27.6 per cent
  • No further dividends until July 2022

As is customary, Persimmon (PSN) pulled back the curtain on its key metrics in a trading update at the start of July, making statutory half-year results something of a foregone conclusion.

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