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03Sep92 UK: PERSIMMON REVEALS FALL IN 1992 INTERIM PROFITS TO £7.3 MILLION.

By Bill Fishlock.Persimmon the York-based house builder this week set an ominous tone for the coming results season when it unveiled a halving in its margins and reported that the depressed housing market had spread to the North.The company, which is one of the most highly regarded house builders in the City, reported pre-tax profit margins down to 10.1 per cent from 18.2 per cent last time.Pre-tax profits were slightly below expectation at £7.3 million for the half ending June ...

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