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Wales Online
Wales Online
National
Grant Prior & Sophie Goodall

Persimmon predicts growth in sales due to improved customer service and cost efficiency measures

Housebuilder Persimmon has forecast sales growth over the next year, citing customer service and quality improvements, and cost efficiency considerations, such as taking more aspects of production in-house.

Figures show that Persimmon make an average profit of £66,442 per home. The housebuilder completed 14,551 homes in 2021, with an average selling price of £237,078. It has been reported that shareholders received dividends of £748m during 2021, with similar returns earmarked for this year.

Group Chief Executive Dean Finch said: "The new year’s trading has started well, with private sales rates ahead by c. 2% in the opening weeks and a robust forward sales position of £2.21bn. We expect to grow our outlet position in 2022 and are targeting volume growth of 4-7% on 2021 levels."

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