Persimmon Plc (PSN) Q2 2026 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:01.424 -- 00:00:05.285 Right, good morning everybody. It's 9 o'clock, so I'll make a start. 00:00:05.285 -- 00:00:07.986 Thank you for joining us today. Thank you for joining Andrew and I. 00:00:07.986 -- 00:00:13.247 I've also got Liam here. As you know, Liam has taken over from 00:00:13.247 -- 00:00:16.488 Ian along with Chris. Unfortunately, Chris is on holiday. 00:00:16.488 -- 00:00:20.569 Well, fortunately, Chris is on holiday for Chris, so he's a happy boy. 00:00:20.569 -- 00:00:24.230 But you can catch up with Liam and the rest of us later. 00:00:24.230 -- 00:00:26.230 So, 00:00:26.291 -- 00:00:31.323 I'm pleased to be presenting a strong first half performance. 00:00:31.323 -- 00:00:36.645 These results again confirm that Persimmon is delivering growth today while building 00:00:36.645 -- 00:00:42.586 a larger, stronger and higher return business for the future. 00:00:42.927 -- 00:00:48.948 We've increased volumes, grown market share and strengthened our operational platform. 00:00:48.989 -- 00:00:54.231 And we've done that whilst also continuing to invest in land, outlets and capabilities 00:00:54.231 -- 00:00:58.191 that will support long-term value creation. 00:00:59.072 -- 00:01:04.423 Although the market remains challenging, we're responding from a position of strength, 00:01:04.423 -- 00:01:11.405 including with our typical self-help and we remain confident in our medium term ambitions. 00:01:11.426 -- 00:01:16.809 So let me start with the strategic context and highlights from the first half 00:01:16.809 -- 00:01:20.009 before handing over to Andrew. 00:01:21.190 -- 00:01:26.493 You've seen this slide before. Our strategy remains consistent and it's clearly 00:01:26.493 -- 00:01:28.493 delivering. 00:01:28.694 -- 00:01:32.416 At its core, t...