Persimmon's Strong Sales & Land Holdings

Persimmon reports robust forward sales, with a 15% increase to nearly £2.8 billion, despite market challenges. Net private sales rate rises by 9%, and total weekly sales surge by 14%. Average selling price for private homes in forward order book holds steady at around £295,150, a 1.5% increase from last year. Land holdings grow by 3%, and planning approvals for over 7,700 plots secured. Persimmon expects a cash balance between £0 and £200 million for the current financial year, indicating a stable future.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.