UK's Persimmon rises after beating 2025 home-build targets

Persimmon

13/01/2026 08:58

** Persimmon's shares PSN.L rose as much as 2.8% to 1,453.5p to its highest since November 2024

** Homebuilder completed 11,905 homes for 2025, beating market expectations of 11,299 - per company poll

** Co expects to report 2025 underlying profit before tax of 440 million pounds ($592.59 million), the upper end of market consensus, supported by resilient pricing, incentives to boost demand

** In 2025, PSN rose nearly 13%

($1 = 0.7425 pounds)

(Reporting by Neeshita Beura in Bengaluru)

((Neeshita.Beura@thomsonreuters.com))