Persimmon Plc (LSE:PSN) reported a strong performance for the first half of 2025, with new home completions rising 4% and underlying operating profit increasing by 13%. The company has sustained its growth by expanding its sales outlets and refining planning and operational strategies. Despite a challenging market, Persimmon remains on track to achieve its full-year completion targets and continues to invest in future growth, including land acquisitions and building safety enhancements. Operational discipline and a focus on self-help have contributed to higher sales and improved profitability, supporting the company’s ongoing growth trajectory.
About Persimmon
Persimmon Plc is a leading residential construction company in the UK, specializing in building new homes. The company emphasizes quality housing and operational efficiency, with strategies centered on land acquisition, planning, and vertical integration. Recent strategic actions, such as the sale of FibreNest, combined with financial stability, a reasonable valuation, and an attractive dividend yield, reinforce Persimmon’s strong position in the housing market and its potential for long-term growth.
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