Brief: Persimmon Says Inflationary Pressures Expected To Increase Costs By About £30m-£40m In 2027

Persimmon

Today 07:49

Nov 12 (Reuters) - Persimmon PLC PSN.L:
PERSIMMON PLC  - Q3 TRADING STATEMENT
PERSIMMON : ON TRACK TO DELIVER OUR 2026 PERFORMANCE IN LINE WITH MARKET EXPECTATIONS
PERSIMMON :  OUR PRIVATE FORWARD SALES POSITION HAS INCREASED 3% TO £2.15BN FOR PERIOD FROM 1 JULY 2026 TO 1 NOVEMBER 2026
PERSIMMON : ANTICIPATE A MODEST RESTRUCTURING CHARGE IN CURRENT YEAR
PERSIMMON : OUR SALES RATE SINCE 1 JULY INCREASED TO 0.79 NET PRIVATE SALES PER OUTLET PER WEEK
PERSIMMON : ACTED TO IDENTIFY OPERATIONAL EFFICIENCIES WHICH ARE EXPECTED TO SUBSTANTIALLY MITIGATE ADDITIONAL COST HEADWINDS BY 2028
PERSIMMON : INFLATIONARY PRESSURES ARE EXPECTED TO INCREASE COSTS BY C.£30M-£40M IN 2027
PERSIMMON : LOOKING AHEAD TO 2027, WE EXPECT TO CONTINUE GROWING VOLUMES
PERSIMMON : WE EXPECT MARKET CONDITIONS TO REMAIN CHALLENGING REFLECTING UNCERTAINTY OVER BUILD COSTS ARISING FROM CONFLICT IN MIDDLE EAST
PERSIMMON : "WELL PLACED TO PLAY A LEADING ROLE IN DELIVERY OF 'YOUR FIRST HOME' SCHEME OVER TIME"
PERSIMMON : SCHEME IS YET TO FORMALLY LAUNCH AND THEREFORE IT IS TOO EARLY TO ASSESS ITS POTENTIAL IMPACT ON 2027
Source text: ID:nRSL7986Ca
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