12.03.2024 08:28:25 - dpa-AFX: Persimmon Plc FY23 Earnings Drop
LONDON (dpa-AFX) - Persimmon Plc (PSN.L), a house builder, on Tuesday
reported lower earnings on decreased revenue for the fiscal 2023.
Yearly profit before tax fell to 351.8 million pounds from 730.7 million pounds
in the previous year.
After tax, earnings dropped to 255.4 million pounds or 79.5 pence per share from
561 million pounds or 174.3 pence per share in the prior year.
Excluding items, earnings before tax was 359.4 million pounds compared with 1.01
billion pounds in the previous year.
Revenue decreased to 2.77 billion pounds from 3.81 billion pounds in the prior
year.
New housing revenue declined to 2.54 billion pounds from 3.70 billion pounds in
the last year.
Additionally, the company proposed a final dividend of 40 pence per share
payable on July 12, to shareholders of record as on June 21, following the
shareholder approval at the AGM.
On Monday, Persimmon shares closed at 1374.50 pence, up 1.44% in London.
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