Persimmon plc half year results

August 23, 2016

Persimmon plc today announces half year results for the six months ended 30 June 2016.

Profit before tax increased 29% to £352.3m (2015: £272.8m)

Jeff Fairburn, Group Chief Executive, said: “Persimmon’s robust trading performance in the first half of 2016 was driven by our continued focus on meeting market demand to deliver controlled sustainable growth. The Group’s strong cash generation has supported further disciplined land investment embedding value for the future.”

 “While the result of the EU Referendum has created increased economic uncertainty, customer interest since then has been robust with visitor numbers to our sites around 20% ahead year on year.   Our private sale reservation rate since 1 July is currently 17% ahead of the same period last year. The Group is now trading through the traditionally slower summer weeks but customer demand remains encouraging and we anticipate a good autumn sales season.”

 “We are confident that our long term strategic focus will continue to deliver strong returns for our shareholders.”

To read the PersimmonPLC half year results news release in full click here

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Rightmove logo
Breaking News

Property valuation leads to agents up 55%

Rightmove, the UK’s largest property portal, has reported a 55% year-to-date uplift in property valuation leads for agents compared with the same period last year (January – May). The uplift follows the launch of Online Agent Valuation in late 2025, designed to help agents engage more effectively with prospective sellers, alongside a series of AI enhancements across Rightmove’s valuation tools. Online Agent Valuation connects agents with motivated homeowners who choose to begin their selling journey…
Read More →
Breaking News

Britain’s equestrian homes average value of £1.3m

South East accounts for one in five opportunities The latest research from LandSale, the property portal dedicated to land and rural property, has found that those inspired to enter the equestrian world following Royal Ascot this week will need a budget of £1.265m in order to get started, with the South East home to the…
Read More →
Breaking News

Interest-only mortgage stock reduces by 17 per cent in 2025

Key points: There were 445,000 pure interest-only homeowner mortgages outstanding at the end of 2025, 17.7 per cent fewer than in 2024. In addition there were 156,000 partial interest-only (part and part) homeowner mortgages outstanding at the end of 2025, 10.3 per cent fewer than in 2024. The total interest-only mortgage stock (including part and…
Read More →
Breaking News

5 building materials that give home sellers nightmares

The latest market insight from House Buyer Bureau has highlighted five building materials that can be a nightmare for homeowners, as they severely impact a property’s value, make it difficult to mortgage, and can prevent them from securing a buyer. House Buyer Bureau analysed some of the most problematic building materials found within UK homes,…
Read More →
Breaking News

UK House Price Index for April 2026

The latest UK House Price Index for April 2026 shows that: The average monthly rate of UK house price growth in April was +0.7%. Average UK house price annual inflation was 3.8% in the 12 months to April 2026. As a result, the average UK house price currently sits at £270,080.   Here is how…
Read More →
Breaking News

Private rent and house prices, UK: June 2026

Main points Average UK monthly private rent inflation continued to slow, increasing by 3.3%, to £1,383, in the 12 months to May 2026 (provisional estimate); this annual growth rate is down from 3.5% in the 12 months to April 2026. Average rents increased to £1,442 (3.4%) in England, £836 (4.7%) in Wales, and £1,009 (1.0%)…
Read More →