Persimmon Posts 12% Q4 Completion Growth, Eyes Top-End Profit Forecast

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Persimmon delivered 12% growth in completions in Q4 2025, driving underlying profit before tax to the upper end of market expectations and delivering double-digit margin expansion. Shares rose about 2% following Panmure Liberum’s note highlighting the housebuilder’s leading demand metrics despite challenging market conditions.

1. Strong Q4 Completions Drive Double-Digit Profit Growth

Persimmon Plc delivered a robust finish to the 2025 financial year, reporting a 12% increase in home completions during the fourth quarter. This performance has positioned the company to report an underlying profit before tax at the upper end of its guidance range. Management also highlighted margin expansion alongside the double-digit volume growth, describing this as one of the strongest organic completion increases in the company’s history. CEO Dean Finch praised the efforts of Persimmon’s workforce, subcontractors and wider supply chain for overcoming late-year challenges to achieve these results.

2. Positive Analyst Notes Highlight Sector Leadership

Following the trading update, leading broker Panmure Liberum reiterated Persimmon’s standing as a sector leader on key demand metrics. In its note, the firm pointed to resilient customer enquiries and healthy reservation levels, even as broader housing market conditions remain difficult. Analysts have affirmed that Persimmon’s strategic focus on operational efficiency and cost control underpins its ability to sustain growth in both volume and profit margins.

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