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Persimmon Plc (PSMMY) Q4 2025 Sales/Trading Call January 13, 2026 4:00 AM EST
Company Participants
Dean Finch – Group Chief Executive & Executive Director
Andrew Duxbury – CFO & Executive Director
Conference Call Participants
Aynsley Lammin – Investec Bank plc, Research Division
William Jones – Rothschild & Co Redburn, Research Division
Zaim Beekawa – JPMorgan Chase & Co, Research Division
Ami Galla – Citigroup Inc., Research Division
Glynis Johnson – Jefferies LLC, Research Division
Charlie Campbell – Stifel, Nicolaus & Company, Incorporated, Research Division
Christopher Millington – Deutsche Bank AG, Research Division
Rebecca Parker – Goldman Sachs Group, Inc., Research Division
Clyde Lewis – Peel Hunt LLP, Research Division
Presentation
Operator
Good day, and thank you for standing by. Welcome to the Persimmon Plc Trading Update Conference Call. [Operator Instructions] Please be advised that today’s conference is being recorded.
I would now like to hand the conference over to our first speaker today, Dean Finch, CEO. Please go ahead.
Dean Finch
Group Chief Executive & Executive Director
Good morning, and thank you for joining Andrew and I today. As usual, I’ll say a few words by way of overview and then hand over for the Q&A.
As you can see from our statement, we have delivered a strong end to the year with 12% growth in completions. This means that we expect to be reporting an underlying profit before tax at the upper end of expectations. This also being double-digit growth as well as growth in margins. We believe that this organic growth in completions is one of our strongest on record. I would like to thank my brilliant colleagues at Persimmon as well as our supportive subcontractor base and supply chain for this fantastic result.
Our people went above and beyond in the final quarter of last year, and I want to place on the record my
