Persimmon Homes has defied the Britain-wide housing slowdown to build more than 5,000 new homes in the first half of the year - up 13% on the same period in 2025.
Announcing its results for the six months to June 30, Persimmon revealed underlying pre-tax profits of £170.1million, a 3% rise on last year.
The housing giant completed 5,189 new home in the first half of this year, up from 4,605 in the 2025 period. That comes despite "challenging" market conditions
Dean Finch, Group Chief Executive, said: "Persimmon delivered a strong first half performance, growing our market share, increasing completions by 13% and underlying operating profit by 10%.
"In a challenging market, this performance demonstrates the strength of our established strategy, product mix and geographic footprint, alongside the benefits of our lower cost operating model, sustained investment in the business and ongoing commitment to self-help.
"We remain on track to deliver growth in 2026 in line with market expectations. I want to thank all my colleagues and our supply chain for their continued hard work in delivering this result.
"Market conditions remain challenging, with affordability constraints and build cost pressures affecting the sector. We have responded quickly, taking clear management action focusing on driving operational efficiencies throughout the business.
"Our disciplined land buying, industry-leading cost efficiency and vertically integrated operating platform give us important structural advantages as we seek to mitigate cost pressures and support growth.
"Persimmon's strategy is delivering growth. Having significantly invested in our strategy over recent years, our focus is increasingly on converting those investments into improving returns.
"Our disciplined land investment at better margins, outlet growth, stronger brands and increasingly differentiated operating platform position us to progressively deliver higher volumes, stronger cash-generation and improving returns over time."
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