Persimmon's Strong 2025 Results: 12% Home Completions, 17% Profit Growth

Persimmon, a York-based housebuilder, reported robust 2025 results with a 12% increase in home completions to 11,905 units and a 17% rise in underlying operating profit to £472.1 million. Despite one-off charges, the company is expanding production at its South Yorkshire brick factory, aiming to add a new line by 2027 and favoring in-house materials. Positive market conditions, including better mortgage deals and rising real wages, have boosted net private sales and average selling prices. However, the Middle East conflict, particularly with Iran, poses uncertainty. CEO Dean Finch expressed optimism about the companys growth prospects, attributing them to its strong team, brands, land bank, investments, and integrated operations. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/233b6dc16b9499ac