April 27, 2017 / 6:29 AM / in 8 months

BRIEF-Persimmon posts total forward sales revenue 2.56 billion stg

April 27 (Reuters) - Persimmon Plc

* Trading update

* Has attracted 6% more visitors to our development sites than last year at this stage

* Total forward sales revenue, including legal completions taken to date in 2017, is currently £2.56 billion, c.11% higher than last year

* Weekly private sales rate per site since reporting our 2016 final results on 27 february 2017 is 12% ahead of last year

* Sales rate which is now 4% ahead for year to date.

* Have 8,928 new homes sold forward into private ownership market

* Average selling price of c. £229,500, an increase of 4.1% over prior year.

* Have opened 67 of 90 new sites planned for first half of year.

* Currently developing 382 active sales outlets across uk

* Total value of capital return plan is now c. £2.85 billion, or £9.25 per share.

* Group has generated £1.96 billion of free cash before return of surplus capital over five years since launch of group’s strategy in 2012.

* Remains confident of future prospects of group. Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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