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Persimmon warns of supply chain inflation from Iran conflict despite 7% rise in forward sales

Market News
30 Apr 2026
Proactive Investors
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Neutral
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Persimmon PLC reported a 7% increase in private forward sales to £1.80 billion for early 2026 but warned of rising supply chain inflation due to the ongoing conflict in Iran. The company expects higher energy costs to impact margins in the second half of 2026 and into 2027, although trading has not been materially affected yet. Persimmon is mitigating cost pressures through supplier relationships, a low-cost model, and efficiency reviews. The builder remains optimistic about medium-term growth, with a strong land bank and positive institutional partnerships, aiming for 12,000 to 12,500 home completions in 2026 if market conditions hold.

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