Persimmon ( (GB:PSN) ) just unveiled an announcement.
Persimmon Plc reported strong financial results for the year ended December 31, 2024, with a 7% increase in new home completions and a 14% rise in underlying operating profit. The company achieved a 13% increase in new housing revenue and improved its customer satisfaction score to 96%. Looking ahead, Persimmon is targeting further growth in completions, profit, and operating margins in 2025, supported by a robust forward order book and favorable market conditions. The company’s strategic focus on land investment and operational enhancements, along with government planning reforms, provides a positive outlook for continued growth and shareholder value.
More about Persimmon
Persimmon Plc is a leading company in the homebuilding industry, focusing on constructing high-quality, affordable homes. The company is known for its disciplined investment in land and operational improvements, which have positioned it for success in the housing market.
YTD Price Performance: -2.30%
Average Trading Volume: 1,829,670
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £3.74B
Learn more about PSN stock on TipRanks’ Stock Analysis page.