Persimmon's revenue rises 5 pct on higher sales, prices
July 5 (Reuters) - Britain's second largest homebuilder Persimmon Plc (Frankfurt: 882058 - news) reported a 5 percent rise in first half revenue on Thursday, fuelled by improved house sales and a 1.2 percent rise in average prices.
Total (LSE: 524773.L - news) revenue rose to 1.84 billion pounds ($2.43 billion) from 1.75 billion pounds in the six months ended June 30.
Smaller rival Bovis Homes Group Plc also reported better-than-expected rise in sales.
($1 = 0.7557 pounds) (Reporting by Arathy S Nair in Bengaluru; editing by Patrick Graham)