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

Half Year 2020 Persimmon PLC Earnings Call (Q&A Session) Transcript

Aug 18, 2020 / 07:30AM GMT

Release Date Price: $74.24 (+7.67%)

Transcript

Operator

Hello, and welcome to the Persimmon 2020 half year results presentation.

(Operator Instructions)

I will now hand over to your host, Dave Jenkinson, Group Chief Executive of Persimmon plc, to begin today's conference.

Thank you.

David Jenkinson;Group Chief Executive;Executive Director

& -

Good morning, everyone, and welcome to our half year presentation Q&A. I hope you've had the opportunity to watch our presentation online and catch up with our trading update.

I believe the presentation highlights the resilient financial performance of the business and how we have carefully managed the business through the cycle. I have numerous items I can pick out from the presentation, but in particular I would like to draw your attention to, firstly, the weekly sales rate at almost 50% above the same time last year. This has given us a forward order book of 21% increase on last year, and we currently have over 13,600 plots sold for the end of the year, with 10 settlements remaining for year-end

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