Persimmon, which also operates the Charles Church brand, reported a 13% increase in home completions during the first half of 2026, reaching 5,189 homes. The housebuilder now anticipates delivering approximately 12,500 homes for the full year, placing it at the upper end of its earlier projections.
Group revenue for the period climbed by 15% to £1.73bn, with pre-tax profit also increasing by 15% to £168m. Underlying operating profit saw a 10% rise. The average selling price of Persimmon homes increased by 1% to £285,752.
Despite these gains, the company acknowledged that affordability constraints and cost pressures continue to impact the housing market. Net private sales were up 6% in the five weeks leading up to the end of June, though open market sales have softened slightly in recent weeks.
Dean Finch, chief executive, stated that market conditions remain challenging but confirmed the company is on track to achieve growth in 2026 in line with market expectations. Anthony Codling of RBC Capital Markets described the interim figures as a "solid set of results," noting the growth in completions and underlying operating profit.