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Persimmon keeps dividend flat as market set to 'remain challenging' into next year

Persimmon keeps dividend flat as market set to 'remain challenging' into next year

Persimmon PLC (LSE:PSN) kept its dividend flat as it reported double-digit growth in first-half profits and completions but flagged signs of softer demand in the second half. The FTSE 100 housebuilder posted interim results showing underlying operating profit rose 10% to £189.1 million, although the margin narrowed by 30 basis points to 12.8%.
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