Persimmon (GB:PSN) has released an update.
Persimmon PLC reports strong trading momentum, with a 37% increase in net private sales rate and a robust forward order book up by 17% compared to the previous year. The company remains on track to complete approximately 10,500 homes this year, supported by stable market conditions and improved affordability for first-time buyers. Despite some signs of build cost inflation, Persimmon is well-positioned for growth with a solid land portfolio and ongoing strategic efforts to mitigate cost impacts.
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