United Kingdom

Persimmon PLC (PSN.L)

PSN.L on London Stock Exchange

19 Feb 2018
Change (% chg)

2.00 (+0.08%)
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Latest Key Developments (Source: Significant Developments)

Persimmon CEO says first-time buyer still keen to move forward after Brexit vote
Tuesday, 5 Jul 2016 

Persimmon Plc : CEO says tradings been good, interest has remained strong after the brexit vote . CEO says slight increase in buyers pulling out of deals after referendum vote, but it has settled down . CEO says if conditions turned tough, or we see a weak market, we would back away from the land buying market . CEO says indications are that first-time buyer still keen to move forward after Brexit vote Further company coverage: [PSN.L] ((Bengaluru Newsroom +918067491136;)).  Full Article

Persimmon says too soon to judge effect of Brexit
Tuesday, 5 Jul 2016 

Persimmon Plc : Trading update . Trading through first half of year has been strong . Approvals remained ahead of last year for April/May period despite a period of increasing uncertainty leading up to EU referendum . We continued to take good levels of sales through May and June with our private sales rate being c. 1 pct ahead year on year. . We expect group's first half operating margin will be ahead of 23 pct delivered in second half of 2015 . Average number of active sales sites in first half of year was 9 pct lower than last year at 355 sites. . Group's total forward sales value at 30 June 2016 of 1.36 bln stg is level with last year and provides a strong platform for second half of year . At 30 June group held 462 mln stg of cash (2015:278 mln stg). . It remains too soon to judge effect that result of EU referendum will have on UK new homes market . With average selling price of about 205,500 stg having increased by 6 pct (2015: 194,378 stg), group revenues of 1.49 bln stg were 12 pct ahead of last year (2015: 1.33 bln stg) . Increased its legal completion volumes by 6 pct to 7,238 new homes in period (2015: 6,855) . Mortgage approvals for home purchase in Q1 of 2016 were 18 pct ahead of prior year . Group has an excellent pipeline of a further c.100 new outlets on which construction is expected to commence in second half..  Full Article

LIVE MARKETS-Closing snapshot: a lacklustre start to the week

* European shares end lower * Wall St closed for holiday * Reckitt leads fallers as update disappoints Feb 19 Welcome to the home for real time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Danilo Masoni. Reach him on Messenger to share your thoughts on market moves: danilo.masoni.thomsonreuters.com@reuters.net CLOSING SNAPSHOT: A LACKLUSTRE START TO THE WEEK (XX GMT) Europe's STOXX 600 has ended the