Main menu
Edison Group
  • Home
  • Equities

    Equities

    View All Equities

    Equities by Sector

    Centaur Media

    MCap

    GBP36m

    Last close

    GBP0.27

    ▲ 3.50 (14.89%)

    IRLAB Therapeutics

    MCap

    SEK482m

    Last close

    SEK10.15

    ▲ 0.85 (9.14%)

    OpGen

    MCap

    USD9m

    Last close

    USD0.86

    ▲ 0.06 (7.50%)

  • Sectors

    Sectors

  • Thematics

    Thematics

    View All Thematics

    Latest

  • Audiovisual

    Audiovisual

    View All Audiovisual

    Latest

Sparks commentary

Industrials

Sparks

Persimmon (LON: PSN) – FY trading update confirms upper end of range
Published by Andy Murphy

Persimmon completed 10,644 homes in the year (up 7% from last year) at an average selling price of £268,500 (up 5%) from 270 sales outlets at the end of December (up 5%). Year-end net cash was down £160m to £260m, having spent £440m on land, returned £192m to shareholders and spent £60m on building safety remediation. The outlook is encouraging with Persimmon’s Boxing Day sales campaign generating strong interest into the new year. However, there are numerous headwinds to be negotiated, such as low single-digit cost inflation, the National Insurance increase and regulatory changes. Forward sales were £1,146m, up 8% from £1,060m, which indicates a positive starting position.

Next Sparks Commentary in this sector >

Latest

Industrials | Comment

Galliford Try (LON: GFRD) – FY25 profits at the upper end of range

Healthcare | Comment

IRLAB (OMX: IRLAB-A) – last patient completes treatment in pirepemat trial

Industrials | Comment

MJ Gleeson (LON: GLE) – In line H125 trading update

Consumer | Comment

Games Workshop Group (LSE: GAW) – H125 results indicate strong growth

Consumer | Comment

Card Factory (LSE: CARD) confirms full-year profit expectations

Subscribe to Edison

Get access to the very latest content matched to your personal investment style.

Sign up for free