Persimmon Sees 8% Revenue Gain on Home Demand

The video discusses the housing market trends, focusing on sales performance, cash balance, and dividends. It highlights the impact of Article 50 on the spring selling season and examines government policies affecting housebuilding, including the Help to Buy scheme. The analysis covers inflation rates, build costs, and regional market dynamics, comparing areas like London and the northern UK. The discussion also touches on the potential effects of government focus on smaller builders and social housing.

What was the unexpected cash balance at the end of the year?

• 700 million

• 850 million

• 913 million

• 750 million

Why is the spring selling season crucial for housebuilders?

• It is when most government policies are announced.

• It accounts for about half of the industry volumes.

• It accounts for about a third of the industry volumes.

• It is the only time when house prices increase.

What is the long-term price target for Simmons?

• 1800

• 2000

• 1870

• 1942

How does the government plan to support smaller builders?

• By reducing the number of building permits

• By increasing taxes on large builders

• By offering tax incentives to large builders

• By providing access to public land and finance

What was the build cost inflation rate last year?

• 1-2%

• 5-6%

• 3-4%

• 7-8%

What percentage of build costs for a typical house comes from overseas?

• 30%

• 40%

• 10%

• 20%

Which region is Persimmon less exposed to compared to its peers?

• Scotland

• Wales

• Northern England

• London