Persimmon improves completion guidance despite ‘challenging’ housing market

Persimmon has improved its completion guidance despite operating within a challenging housing market. For the six months ending 30 June, the company reported that group revenues increased by 15% to £1.73 billion when compared with the same period a year earlier. This financial growth occurred despite the difficult conditions currently affecting the housing sector, demonstrating the company's ability to lift its revenue and adjust its outlook for completions in the current economic climate.