Persimmon plc

Better prices drive revenue beat in 2020

  • Sectors : Construction and Housebuilding
  • Companies : Persimmon plc

Ratings and price correct at time of issue.

  • Persimmon plc

    Closing Price: 2785p

  • RATING 17/08/20

  • PREVIOUS RATING 10/09/13

    UNDERPERFORM

DAVY VIEW

2020 results at Persimmon should be clearly ahead of our estimates, driven by a better-than-expected average selling price (ASP). The company has a significant cash position and we expect that a return to a high level of shareholder returns is not too far away.

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Jan 13 2021, 08:10 GMT

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