Housebuilder adds it is on track to complete up to 11,500 homes this year
Recent uncertainty in the global economy triggered by the new US president’s tariff regime has had no impact on Persimmon’s business, according to the firm’s boss.
Last month, Donald Trump announced a minimum 10% tariff on all US imports, triggering frantic negotiations with trading partners, escalating the trade war with China, and creating significant uncertainty for firms in the UK.
But Dean Finch, group chief executive at Persimmon, said the firm “had seen no immediate impact on the business or on customer confidence from the recent geopolitical uncertainty”.
“Consequently, at this stage we remain on track to deliver further growth in completions to between 11,000 and 11,500 for the full year, providing the UK housing market remains stable,” he added.
The comments came as Persimmon released a trading update for the period from 1 January 2025 to 27 April 2025.
According to the trading update, forward sales at 27 April 2025 stood at £2.34bn, up 12% compared to the level at the same point a year prior.
The increase in value of forward sales on 2024 came entirely from private sales, with the figure for partnership sales remaining flat.
No comments yet