lonpsn
Persimmon plc (LON:PSN) says it’s on track to deliver target completions of 14,500-15,000 homes this year, with build rates up 20%. The Group’s also been mitigating cost inflation of between 8% to 10% with higher selling prices. However, the group cautions that cancellation rates have jumped to 28% in the last 6 weeks, from 21% in the 12 weeks prior. Q3 2022 hedge fund letters, conferences and more Find A Qualified Financial AdvisorEach advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you're ready to be matched with local advisors that...
ValueWalk
“The spectre of stagflation has reared up over the UK economy with the growth forecast revised sharply downwards while higher prices are set to be entrenched for many months to come. The invasion of Ukraine and soaring commodity prices have upended previous forecasts from the UK’s independent Office for Budget Responsibility, which now expects the economy to grow at a much slower pace of 3.8% this year, instead of 6%, and inflation to come in at an average of 7.4%. It means consumers and businesses will have to buckle up to withstand a bout of serious price rises in the next few months, as the...
ValueWalk
Persimmon plc (LON:PSN), one of the UK’s leading house builders today reported pre-tax profits for 2021 of £967m on sales of £3.6bn. This was a rise of 12.7% and 8.4% respectively, with profit margins rising 40bps to 31.4%.Q4 2021 hedge fund letters, conferences and more The group sold 14,551 homes in the year, a rise of 7.2%, with selling prices averaging 2.8% higher at £237,000, some 20% below the national average.The group plans to open a further 75 new sites in early 2022 to take its number of outlets over 300. Persimmon are working to ensure that no leaseholder in its developments built i...
ValueWalk
Persimmon plc (LON:PSN), one of the UK’s leading housebuilding operators has released a trading update, for the year to Dec 31.Q4 2021 hedge fund letters, conferences and more The company say that margins have been maintained, land purchases stepped up in the face of strong consumer demand and that selling prices edged up by a low single-digit pace over the year.The company has maintained pre-pandemic build rates in recent quarters, despite Omicron challenges to labour availability.The shares dipped by 2% in early trading.Persimmon's Moving PartsSteve Clayton, fund manager at HL Select: “With ...
ValueWalk
Persimmon plc (LON:PSN), one of the UK’s leading house building groups has reported interim profits of £480m today, a jump of 64%.Q2 2021 hedge fund letters, conferences and more Sales volumes jumped by almost 50%, compared to a lockdown-impacted performance in 2020 and the group successfully managed cost pressures to see margins rise by a full percentage point.The shares were little changed in early trading.Persimmon Is Upping Their Pace Of Land BuyingCommenting on the results, Steve Clayton, HL Select fund manager said: “We hold Persimmon in our HL Select UK Income Shares fund because of its...
ValueWalk
Look ahead to FTSE 350 & other companies reporting from 16 to 20 August Q2 2021 hedge fund letters, conferences and more Balfour Beatty (LON:BBY) revenues should start the climb back to pre-pandemic levelsPersimmon (LON:PSN) gives us its take on rising build costs across the sector.NVIDIA (NASDAQ:NVDA) looks to navigate the turmoil in the global computer chip marketBalfour Beatty, Half Year Results, Wednesday 18 AugustNicholas Hyett, Equity Analyst “Balfour Beatty’s expecting profits to climb back to pre-pandemic levels this year. Margins will be the key factor to watch, as investors hope for ...
ValueWalk
Persimmon plc (LON:PSN) is performing well and throwing off increasing amounts of cash.Sales rates per site are running 20% ahead of pre-pandemic levels and prices are rising by almost 5% p.a.The group has upped its rate of land buying in the face of strong customer demand for new homes.Q2 2021 hedge fund letters, conferences and more Persimmon Is Accelerating Their Cash Returns To ShareholdersCommenting on today’s trading update from Persimmon, Steve Clayton, fund manager of the HL Select UK Income Shares fund, which has a holding in the company said: “Persimmon is performing well and throwin...
ValueWalk
Look ahead to FTSE 350 & other companies reporting from 5 to 9 July Q1 2021 hedge fund letters, conferences and more J Sainsbury plc (LON:SBRY) will reveal if shoppers are filling up fewer online shopping basketsOcado Group PLC (LON:OCDO)'s international partners have launched their first CFCsPersimmon plc (LON:PSN) will reveal whether it’s managed to up its build rates to meet strong post-pandemic demandSainsbury, Q1 Trading Statement, Tuesday 6 JulySusannah Streeter, Senior Investment and Markets Analyst "J Sainsbury rose to the challenge of helping feed the nation during lockdowns, but the ...
ValueWalk
Persimmon plc (LON:PSN) (OTCMKTS:PSMMY), one of the UK’s leading home builders today released a trading update covering the first quarter of the year.Q1 2021 hedge fund letters, conferences and more Persimmon is moving swiftly from an initial post-lockdown recovery and onto real growth with sales rates tracking well ahead of pre-pandemic levels.The group’s forward order book stands at c. £3.0bn, 23% ahead of last year, and 11% ahead of 2019’s level.Selling prices are edging higher, at an average of c. £252,000 (2020 – c. £244,500) and the group is accelerating its build rates to keep up with d...
ValueWalk
閲覧を続けるには、ノアドット株式会社が「プライバシーポリシー」に定める「アクセスデータ」を取得することを含む「nor.利用規約」に同意する必要があります。
「これは何?」という方はこちら