Edition:
India

Persimmon Sees Overall Build Costs To Increase By About 4 Pct For Year


Wednesday, 1 May 2019 

May 1 (Reuters) - Persimmon PLC ::PERSIMMON PLC - TRADING UPDATE.PERSIMMON PLC - SINCE START OF YEAR NEW BUILD HOUSING MARKET HAS PROVED RESILIENT.PERSIMMON PLC - GROUP HAS RECENTLY CONCLUDED RENEWAL OF ITS £300M REVOLVING CREDIT FACILITY.PERSIMMON PLC - FORWARD SALES POSITION STRONG WITH TOTAL FORWARD SALES REVENUE, INCLUDING LEGAL COMPLETIONS TAKEN TO DATE IN 2019, OF £2,698 MILLION.PERSIMMON PLC - CONTINUE TO EXPECT OUR OVERALL BUILD COSTS TO INCREASE BY C. 4% FOR YEAR.PERSIMMON PLC - BOARD REMAINS CONFIDENT OF FUTURE PROSPECTS OF GROUP..PERSIMMON - RECOMMENDED A SCHEDULED RETURN OF 110P PER SHARE, OR C. £350 MILLION, TO BE PAID TO SHAREHOLDERS ON 2 JULY 2019 AS A FINAL DIVIDEND..PERSIMMON PLC - INDEPENDENT REVIEW INITIAL OVERALL FINDINGS EXPECTED TO BE PRESENTED IN FINAL QUARTER OF 2019.PERSIMMON PLC - ANTICIPATE ACHIEVING A SIMILAR LEVEL OF LEGAL COMPLETIONS IN FIRST HALF AS LAST YEAR.PERSIMMON - GIVEN INCREASED UNCERTAINTIES AROUND FUTURE PERFORMANCE OF UK ECONOMY WE HAVE REMAINED SELECTIVE WITH ACQUISITION OF NEW LAND DURING QUARTER. 

Company Quote

2105.0
76.0 +3.75%
13 Sep 2019