Persimmon PLC (STU:OHP)

€ 17.38 -0.18 (-1.03%) Market Cap: 5.56 Bil Enterprise Value: 5.15 Bil PE Ratio: 18.32 PB Ratio: 1.37 GF Score: 83/100

Persimmon PLC Trading Statement Call Transcript

Jan 13, 2021 / 09:00AM GMT

Release Date Price: €29.6 (-4.33%)

Transcript

Operator

Hello, and welcome to the Persimmon trading update. My name is Patrick, and I will be your coordinator for today's event. (Operator Instructions)

I'm now handing you over to your host, Dean Finch, Chief Executive, to begin today's conference. Thank you.

Dean Finch

Persimmon Plc - Group Chief Executive & Director

Thanks very much. Good morning, everybody. Thanks for joining us this morning for our trading update. I'm joined by Mike Killoran, our CFO; and again, by Martyn Clark, who is Regional Chairman of our Southern business.

I thought I would just take a few moments to highlight some key points from the trading statement and then open it out to any questions that you might have.

So I'll start with just reflecting on the strong performance in the second half of the year and what I think that means for us as a business. You will see that we achieved a record number of completions in the second half of 2020 and achieved a superb build rate. And I think this is all the more impressive because it is despite the problems of COVID

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