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PSN — Persimmon News Story

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UK's Persimmon gains on higher forward sales, affirming forecast

Nov 13 (Reuters) - ** Shares of British homebuilder Persimmon PSN.L up 2.7% at 1,266p
** Posts 15% rise in forward sales to 2.79 billion pounds ($3.74 billion) in challenging market

** Says on track to deliver 2025 profit, home completions in line with market expectations

** A reiteration that Persimmon is on track to reach FY25 market expectations should reassure - Jefferies

** YTD, stock up nearly 6%

($1 = 0.7451 pounds)

 (Reporting by Akshaya  V)

 ((AkshayaV@thomsonreuters.com))

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