Download full report with analyst certification and important disclosures
Mar 1 2023, 08:00 GMT
Persimmon plc
Bounce from Q4 trough is underwhelming
- Sectors : Construction and Housebuilding
- Companies : Persimmon plc
DAVY VIEW
The rebound in sales since the start of the year has been much more modest than many had hoped, leaving sales rates still down almost 50% year-on-year (yoy). The bleak scenarios painted by Persimmon suggest further downgrades are likely.
