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Persimmon (PSN) investor relations material
Persimmon Trading update summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Trading performance
Net private sales per outlet per week rose 3% to 0.76, with forward sales up 5% to £2.46bn.
Private forward sales increased 7% to £1.80bn, with average selling price up 5% to £306,900.
Average outlets grew 2% to 273, and land holdings increased 1% to about 84,900 plots.
Incentives remain stable at 4-5%, and planning approvals reached 3,080 plots in Q1.
Trading remains resilient despite geopolitical uncertainty and early inflationary pressures.
Outlook and strategic focus
Completions for 2026 are expected between 12,000 and 12,500 homes, with over half of private homes already secured.
Profit before tax is anticipated to be in line with consensus of £462m for 2026.
Early signs of supply chain inflation are being managed through supplier relationships and cost reviews.
Continued investment in brands, vertical integration, and land bank aims to boost margins and returns.
Institutional customer engagement remains strong, with 19 new partners added in the past year.
- Double-digit growth in 2025 with strong outlook for 2026, driven by volume and investment.PSN
H2 20256 May 2026 - Profits, completions, and customer satisfaction rose, supporting a strong 2025 outlook.PSN
H2 20243 Feb 2026 - 5% more completions, 11% revenue growth, and a strong forward order book in H1 2024.PSN
H1 20242 Feb 2026 - Order book and completions rising, with margin growth expected but cost risks remain.PSN
Trading Update16 Jan 2026 - 12% completions growth, robust profit, and cautious 2026 outlook amid cost headwinds.PSN
Q4 2025 TU13 Jan 2026 - Completions up 7%, profit guidance raised, and forward sales and land position strengthened.PSN
Trading Update10 Jan 2026 - Profits, completions, and order book grew, supporting a confident full-year outlook.PSN
H1 202523 Nov 2025 - Forward sales up 15% year-over-year, supporting strong guidance and outlet growth.PSN
Q3 2025 TU13 Nov 2025 - Private forward sales rose 17% and 2025 completions are on track for further growth.PSN
Trading Update6 Jun 2025
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