Persimmon Plc Optimistic After Strong Q1
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Persimmon Plc Optimistic After Strong Q1

Persimmon plc (GB:PSN) has released an update.

Persimmon plc reports a solid start to 2024 with a private forward order book increase of 18% and a rise in average selling prices, signaling a confident outlook for the year despite a slight dip in home completions compared to the previous year. The company is on track to meet its full-year goal of 10,000 to 10,500 completions, bolstered by strong visitor numbers and sales rates. Expansions are underway with plans to open additional outlets and maintain an industry-leading margin in their land portfolio.

For further insights into GB:PSN stock, check out TipRanks’ Stock Analysis page.

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