Permons announced a “healthy” demand in the previous quarter, thanks to the strong sales on stamp tax vacation.
Futures sales have increased from 0.95 billion pounds in 2019 to £ 1.15 billion, but the sale of private new houses has increased by 16 %.
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Dean Finch, the leading executive officer, commented on the results as follows. Compared to 2020. “
“The industry continues to face issues in the UK planning system, but we have brought new land into the construction and have already grown powerful British wide outlet networks.”
In a statement, HouseBuilder stated that there was a positive prospect of the previous year. “When approaching the quiet transaction week in December and the Christmas vacation period, I am looking forward to using the traditional strong spring sales season in the New Year.”
“Gordylox territory”
Persimmon seems to be shaking the negative effect on the supply chain, and is now sitting in a favorable position at the end of 2021.
“This is a very encouraging statement, but we don’t actually move the dial in some way, compared to what we have already heard from Perimmon.”
“This group is located in the Gordyox territory, especially in the direction of housing prices, offset issues such as wage inflation and lack of materials, leaving PER in a very comfortable financial state.”
“Consumers want to buy, and the group has a 1.15 billion pound -ahead sales position far exceeding the level a year ago. Historical quality issues are behind the group. It looks like a 5 -star score for customer satisfaction, but is sold in towns and shias. The geographical balance is mainly immunity for the problem of the current covering. “
“Even if the level of government support for housing buyers declines, the reservation rate is 16 % ahead, but this strong sales rate is obliged to increase the level of land purchase.”
“Overall, it is a positive picture that Persimmon is drawing. Cash generation must be powerful in these markets. As with all housing contractors, Persimmon is England. No matter what kind of action of banks at interest rates, we hope to lose the balance of the housing market, but there is no significant change in Persimmon’s own story. It is not surprising to see that there is a small amount of stock. “
