Persimmon third quarter trading.

Yesterday Persimmon the house builder released their third quarter trading statement for the period 1st July to 3rd November 2015.

The group stated that as they  moved into the autumn selling season customer activity strengthened in line with the traditional seasonality of the market.  In the statement it reported  private sales rate in the period since they  reported their half year results on 18 August 2015 was 12% ahead of last year, building on the 5% stronger sales rate through the summer weeks. The level of customer interest in their  sites has been encouraging with visitor numbers running 5% ahead of last year. Pricing remains robust across their regional markets.

They expect the Group to continue to generate strong growth having successfully opened 105 new housing developments in the second half to date. This success in achieving implementable detailed planning consents and maintaining the strength of their outlet network is critically important in delivering increased new housing volumes to local communities across the UK. They anticipate opening a further c. 20 new sites in the remaining weeks of this year.

The statement in full can be seen on the Persimmon PLC  website: http://corporate.persimmonhomes.com/investors/results-presentations-and-financial-reports

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

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