Aug 21: Persimmon's profits crash

Housebuilder Persimmon has reported a 64 per cent slump in interim pre-tax profits, and slashed the dividend by more than two thirds, but said conditions are beginning to stabilise. Amanda Vermeulen, companies reporter, talks to Daniel Garrahan about the mood in the industry and how housebuilders are positioning themselves.

Financial Times | October 9, 2008

Tags:. .vermeulen. .housebuilders. .interim. .dividend. .slump