But White insisted that it would not buy a rival housebuilder simply to make the breakthrough into the top 100. He said: "There continues to be speculation about this, but we're not in a rush. There's plenty of scope to grow organically."
White pointed out that consolidation is beneficial in housebuilding – in 2001, Persimmon bought Beazer for £612m. He said: "The deals done clearly show that there are synergy benefits. There's definitely an advantage to being a major player."
We’re not in a rush. There’s plenty of scope to grow organically
John White, Persimmon chief executive
White made the comments after announcing of the company's results for the six months to 30 June. Profit before tax was £146.3m, up from £111.8m in the same period last year.