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Housebuilder Persimmon accomplished 11,905 properties in 2025, a rise of 12% year-on-year.
The developer added that full-year pre-tax income are between £415-£440 million, which is on the higher finish of what’s anticipated.
Aarin Chiekrie, fairness analyst, Hargreaves Lansdown, mentioned: “Each the order ebook and common promoting costs have been trending larger. That’s partly on account of Persimmon’s homes being priced round 15% under the newbuild nationwide common, providing some resilience to the present market challenges.
“Wanting forward, purchaser affordability will stay a key problem for Persimmon to wrestle with within the new 12 months. The market’s at present pricing in two charge cuts by the tip of 2026, which ought to assist buoy consumers’ buying energy barely.
“Persimmon expects value inflation to stay at a manageable degree, helped by its in-house supplies enterprise, which offers faster and cheaper entry to key supplies, shaving off round £5,000 value of prices.
“With its valuation sitting properly under the long-run common, Persimmon presents a horny technique to play the UK housing market, and there’s a potential dividend yield of 4.7% on supply to reward potential traders for his or her persistence.”
It’s order ebook (the worth of properties folks have dedicated to purchasing) has elevated by 2% year-on-year to £1.2 billion.
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