Persimmon profit falls by quarter after £275m building-safety provision

Housebuilding giant Persimmon has revealed a 24 per cent drop in annual pre-tax profit, reflecting the impact of a £275m provision to address the post-Grenfell building-safety crisis. The FTSE 100-listed firm reported a pre-tax profit of £731m in the year to the end of December 2022, compared with £967m […]

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