Persimmon retains annual build target on improved Q1 sales rate

Kitco Media
By Reuters
Published:
Updated:
Reuters
April 26 (Reuters) - British housebuilder Persimmon Plc said on Wednesday it expects to build homes at the top end of its annual guidance range, as an improved quarterly sales rate partly allayed concerns that a sector slowdown could slip into the next year. The FTSE 100 company said net private sales per outlet improved to 0.62 units in the first quarter, compared with 0.30 in fourth quarter of 2022 and 0.98 in the year-ago period. (Reporting by Aby Jose Koilparambil in Bengaluru; editing by Uttaresh Venkateshwaran)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.