Persimmon plc

Strong H1; FY 2026 to be in line with current expectations

  • Sectors : Construction and Housebuilding
  • Companies : Persimmon plc

Ratings and price correct at time of issue.

  • Persimmon plc

    Closing Price: 1123p

  • RATING 17/08/20

  • PREVIOUS RATING 10/09/13

    UNDERPERFORM

Person's Name

Ciaran Mulqueen

Analyst

DAVY VIEW

Management anticipates FY 2026 volumes to be at the higher end of the prior guided range (12,500, +2% above current consensus) and margins to be slightly lower, leading to underlying profit before tax (PBT) in line with current company compiled consensus of £454m (-1.7% from prior guidance). The company reported a strong H1 result, growing volumes 13% year-on-year (yoy), with an operating profit margin down only 30bps.

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Aug 6 2026, 08:09 IST/BST

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