Research on Persimmon Plc (PSN:LON) from Progressive Equity Research
We have left our estimates for the FY to 31 December unchanged following this morning’s ‘in line’ trading statement, which bucks the trend of several recent updates from rivals, that generally guided to pressure on volume and margin assumptions in particular. The top five housebuilder’s guidance for FY27 is for continued volume growth despite market conditions that remain ‘challenging’.
View Full ResearchThe information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.
