PERSIMMON PLC (PSN) — 2026 Half Year Results

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WEBVTT NOTE Transcription provided by Deepgram Request Id: 01a04308-3bb5-7862-93ee-e635cea78811 Created: 2026-08-27T11:44:01.268Z Duration: 1705.977 Channels: 1 00:00:00.399 -- 00:00:02.560 Good morning, and welcome to the PERSIMMON PLC 00:00:02.560 -- 00:00:04.240 Investor Presentation. Before 00:00:14.320 -- 00:00:15.599 we begin, I'd like to submit the following 00:00:15.599 -- 00:00:15.839 poll. 00:00:16.425 -- 00:00:17.705 Now I'd like hand you over to Andrew 00:00:17.705 -- 00:00:19.785 Doctorbury, CFO. Good morning, sir. 00:00:20.664 -- 00:00:23.224 Good morning. Thank you, everybody, for joining today. 00:00:23.224 -- 00:00:25.465 So I plan to talk for around fifteen 00:00:25.465 -- 00:00:27.465 minutes or so, and then I will take 00:00:27.465 -- 00:00:28.265 any questions. 00:00:29.050 -- 00:00:31.689 So really pleased. Last week, we reported strong 00:00:31.689 -- 00:00:34.970 half year performance. We've delivered volume led profit 00:00:34.970 -- 00:00:36.570 growth in a challenging 00:00:36.970 -- 00:00:40.010 market while we've maintained our balance sheet discipline, 00:00:40.010 -- 00:00:42.410 and we've continued to make appropriate investments 00:00:42.765 -- 00:00:45.245 to support our future returns. 00:00:45.725 -- 00:00:48.045 And I think these results show that PERSIMMON's 00:00:48.045 -- 00:00:51.405 strategy is delivering is delivering growth today while 00:00:51.405 -- 00:00:53.965 building a larger, stronger, and a higher returns 00:00:53.965 -- 00:00:55.245 business for the future. 00:00:55.820 -- 00:00:56.780 And, of course, 00:00:57.180 -- 00:00:59.180 as you all know, the market is challenging, 00:00:59.180 -- 00:01:01.020 and we are responding to that challenge from 00:01:01.020 -- 00:01:04.300 a position of strength, and we retain con...