Edition:
India

Persimmon Says Customer Activity Strengthened In Line With Traditional Seasonality Of Market


Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - Persimmon PLC ::WITH START OF AUTUMN SEASON CUSTOMER ACTIVITY HAS STRENGTHENED IN LINE WITH TRADITIONAL SEASONALITY OF MARKET.PRIVATE SALES IN PERIOD SINCE WE REPORTED OUR HALF YEAR RESULTS ON 21 AUGUST 2018 HAVE BEEN 3% AHEAD OF LAST YEAR'S STRONG COMPARATIVES.GROUP'S OUTLET NETWORK HAS BEEN C. 5% STRONGER THROUGH PERIOD SINCE HY AND WILL CONTINUE TO SUPPORT SALES THROUGH INTO 2019.NOW FULLY SOLD UP FOR CURRENT YEAR AND HAVE C. £987 MILLION OF FORWARD SALES RESERVED BEYOND 2018, INCREASE OF 9% ON SAME POINT LAST YEAR.HAS MADE SIGNIFICANT INVESTMENTS IN OUR NEW BRICK MANUFACTURING PLANT WHICH IS NOW OPERATING AT CAPACITY.HAS MADE SIGNIFICANT INVESTMENTS IN NEW ROOF TILE MANUFACTURING FACILITY WHICH IS NOW UNDER CONSTRUCTION.SALES PRICES REMAIN FIRM ACROSS REGIONAL MARKETS. 

Company Quote

1928.5
-3.5 -0.18%
16 Jul 2019