Story perspectives
Persimmon Reports 11% Profit Surge Amid Conflict Concerns
3/11/2026
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Story summary
- Persimmon reported 2025 pre-tax profits of £397 million, up 11%, and new home completions of 11,905, up 12%.
- It expects 2026 completions between 12,000 and 12,500, contingent on the duration of the ongoing conflict in the Middle East.
- Despite concerns about inflation and mortgage rates linked to the conflict, Persimmon's net private sales rose by 9%.
- The company emphasizes that its optimistic projections depend on a short-lived conflict.
