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Persimmon ( (GB:PSN) ) just unveiled an announcement.
Persimmon PLC announced a successful year with a 7% increase in home completions, exceeding market expectations. The company expects its underlying profit before tax to be at the upper end of forecasts, supported by strategic land investments and planning reforms. With a strong forward sales position and enhanced land bank, Persimmon is well-positioned for future growth, despite macroeconomic uncertainties and sector challenges.
More about Persimmon
Persimmon PLC is a leading UK-based housebuilding company that specializes in constructing high-quality, affordable homes. It operates through several strong brands, including Persimmon Homes, Charles Church, and Westbury Partnerships, focusing on meeting the demand for sustainable and affordable housing across the UK.
YTD Price Performance: -11.85%
Average Trading Volume: 1,245,120
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £3.44B
See more data about PSN stock on TipRanks’ Stock Analysis page.
