<p>Persimmon and Barratt have weathered the market slowdown during 2006, reporting strong results for the year and half year ending December 31 respectively, while George Wimpey’s transatlantic Morrison Homes brand was hit by the US slump, which ate into the group’s yearly profit margins. Buoyed by its acquisition of Westbury in early 2006, Persimmon reported an “exceptional”performance. On an annual turnover of £3.14 billion, pre-tax profits rose 17.5% to £582.1 million (excepting £15.4 million in “reorganisation costs”) and completions were up 32% to 16,701 with an average price of £188,129 – up 4%. Chief executive Mike Farley said the firm had focused on integrating Westbury. “One of the prime reasons for the acquisition was the Charles Church premium brand. It is now up to 3,000 units: 70% of sites have come from Westbury and 30% from organic growth. “The business is in a strong position and we have the firepower to take advantage of any [acquisition] opportunities that come along. If we are to grow the business we need more plots.” He added: “We are not macho about being number one, but we are still number one in terms of profit.” Barratt reported a strong performance for the second half …