Persimmon PLC (LSE:PSN)
£ 14.135 -0.11 (-0.77%) Market Cap: 4.52 Bil Enterprise Value: 4.10 Bil PE Ratio: 17.92 PB Ratio: 1.33 GF Score: 80/100

Persimmon PLC Annual Shareholders Meeting Transcript

Apr 29, 2020 / 11:00AM GMT
Release Date Price: £22.72 (+2.81%)
Roger William Devlin
Persimmon Plc - Chairman of the Board

Good morning, ladies and gentlemen. Welcome to Persimmon's 2020 AGM. I'm very sorry that the COVID-19 pandemic has made a physical gathering of shareholders impossible today. But to those who are joining us via the webcast, I would like to extend a very warm welcome, and congratulations for making the technology work. Let's hope we don't get Zoom bombed.

I'm joined today by Dave Jenkinson, the Group Chief Executive; Mike Killoran, Group Finance Director, and we 3 shareholders make the quorum required for the meeting. All of our nonexecutive directors have joined the meeting by telephone. As usual, we've released a trading update to the stock exchange this morning, which covers the period from the 1st of January 2020 to date, so it includes the performance of the business before the COVID-19 outbreak and during it.

I'd like to start today by briefly outlining the actions we have taken during the pandemic, and our plans for the next phase. Since the start of this outbreak, our #1 priority has been to ensure the safety of our

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