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York-based Persimmon reports strong 2025 amid 'short' Iran conflict worries

Persimmon aims for 12,000–12,500 home completions and 100 new sales outlets in 2026, following a 12% increase in completions and 13% profit rise in 2025.

  • Published 10th Mar 2026, Persimmon told investors it reported 2025 results with 12% completion growth and 13% profit increase, setting 2026 targets of 12,000–12,500 completions and 12500 outlets.
  • Three distinctive brands all grew last year, diversifying Persimmon's market reach, while management cited supportive market conditions including greater mortgage availability and real wage growth, and welcomed government planning changes.
  • Financially, the group delivered an underlying operating profit of £472w.1million, new housing revenue of £3.31billion, and new-home completions of 11,905 last year.
  • Oli Creasey, head of property research at Quilter Cheviot, said key metrics grew year-on-year at double-digit rates and flagged the 2026 outlook assumes limited Iran conflict impact, noting no demand-side support mention.
  • Holding 84,879 plots as of December 31, Persimmon said its strategic land bank, vertical integration and sustained investment position it to grow into the medium term with diversified value-positioned brands.
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ts2.tech broke the news in on Monday, March 9, 2026.
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