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Old 04-24-2009, 05:14 PM
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Post Persimmon cautious as recovery beckons

Persimmon has added to signs of recovery in the UK housing market by reporting improved results for the first quarter of 2009.However, chief executive Mike Farley has warned that the market is still fragile, with sales down nearly 30% year-on-year to £960 million.Visitor levels were down 15% compared to a year ago, although the company [...]

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