Persimmon in ‘excellent market position’ with profits set to surpass targets

Persimmon, the York-headquartered housebuilder, has reported “another strong trading performance” in an update ahead of its final results for the year ended 31 December. The company anticipates pre-tax profits for 2018 to be “modestly ahead of current market consensus,” having benefitted from the new developments which were opened through the year. Persimmon also revealed that total group revenues are £3.74bn, which is 4% higher than the prior year (2017: £3.6bn). New housing revenues increased by 4% to £3.55bn (2... For the full story register now for free or login below...
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