Summary
PERSIMMON, the acquisitive British housebuilder, yesterday signalled that further consol-idation was likely in the overcrowded sector as it smashed market forecasts with a 45% jump in first-half profits.
The group, which is Scotland's biggest housebuilder, has been an active participant in sector consolidation after buying Laing Homes Scotland in 1998, Tilbury Douglas Homes in 2000, and Beazer in 2001.See the full content of this document
Extract
Persimmon First-Half Profits Jump 45%
Duncan Davidson, chairman of Persimmon, yesterday indicated the group's appetite for future deals had not been sa...
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