Persimmon PLC (OTCPK:PSMMY)

$ 30.125 -0.345 (-1.13%) Market Cap: 4.82 Bil Enterprise Value: 4.38 Bil PE Ratio: 14.90 PB Ratio: 1.12 GF Score: 83/100

Full Year 2018 Persimmon PLC Earnings Call Transcript

Feb 26, 2019 / 09:45AM GMT

Release Date Price: $64.18 (+4.43%)

Transcript

Roger William Devlin

Persimmon Plc - Chairman

Good morning, ladies and gentlemen. I'm Roger Devlin, Chairman of Persimmon. You will be relieved to hear it is not my normal practice to speak on these occasions, but I felt it was important this morning to introduce the team, and more particularly, to congratulate Dave on his appointment as Chief Executive after 22 years of service. As you would expect, we did conduct an exhaustive external search, and the board unanimously concluded Dave was the best candidate. He is the continuity candidate. This company has an extraordinary record of financial outperformance, and we would jeopardize that at our peril. And I'm delighted, of course, that we have Mike, who will keep Dave in order.

Michael Hugh Killoran

Persimmon Plc - Group Finance Director & Director

I'll try to.

Roger William Devlin

Persimmon Plc - Chairman

But it is more complex than that. Persimmon is changing. In fact, it has been changing for the last few months. Dave is leading that, and I will -- believe

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