Persimmon writes off £25m investment in modular firm TopHat

By Daniel Gayne2024-08-08T11:17:00

Housebuilder says move follows ‘re-assessment of risks within modular build sector’

Persimmon has written off its £25m investment in modular firm TopHat.

In its results for the half-year to 30 June 2024, the housebuilder recognised an exceptional charge in relation to its investment and long-term loan notes in the business.

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