Persimmon (#PSN) – “recent elevated cancellation rates”, new dividend policy
- 2022-11-08 07:34:05
UK 00:06 Monday, 26 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Hello Share Millers. How’s this for a good set of half year numbers? Persimmon (PSN), the home builder, has seen revenues soar to £1.8 billion. That’s better by more than 54% year-on-year. House sales also soared by more than half, and there’s been just shy of a 5% increase in house prices to an average of £236,000. But as my brighter colleague Steve Moore often reminds us, that kind of boast doesn’t amount to much if profits haven’t shifted. Well, that’s not the case for Persimmon.
Hello, Share People. My rosy spectacles for the house building game continue to be in place. And today’s suggestion for your further investigation is Persimmon (PSN). Despite the fact that early in the pandemic its building sites were closed down, this giant has not been as affected as you might think.
Hello, Share Chums. Persimmon (PSN) is one of my favourite housebuilders. Its half-year results, just out, confirm my optimism. Ok, its profit has taken a knock, this time it was a pre-tax £292 million compared to £509 million last year over the same six-month period. But the group has had a great start to the second half...
Hello, Share Swappers. In better days I suggested you look at Persimmon (PSN), the big builder. Well, now the company looks as though it might be among the first Footsie players to get going again. After shutting shop on nearly all its building projects in response to the outbreak, it's now begun a gradual return to work beginning last Monday...
