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PSN — Persimmon News Story

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UK's Persimmon rises after lifting 2026 home completion target

BUZZ-UK's Persimmon rises after lifting 2026 home completion target

** British homebuilder Persimmon's PSN.L shares up 3.25% at 1,159.9 pence

** For 2026, co expects to deliver around 12,500 home completions, the upper end of its previous guidance, and sees underlying pre-tax profit in line with market expectations of £454 mln ($610.81 mln)

** Reports HY underlying pre-tax profit of £170.1 mln vs £164.9 mln, a year ago

** PSN down ~17.3% YTD, as of last close


($1 = 0.7433 pounds)


(Reporting by Megha Kumari in Bengaluru)

((Megha.Kumari@thomsonreuters.com;))

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