Donate to Remove ads

Got a credit card? use our Credit Card & Finance Calculators

Thanks to Anonymous,johnhemming,Anonymous,Rhyd6,dredd0, for Donating to support the site

Persimmon (PSN)

Share latest information on individual companies and hot news discussions. LSE Main Market companies only
Forum rules
No penny shares or promotional posts
Bouleversee
Lemon Quarter
Posts: 2686
Joined: November 8th, 2016, 5:01 pm
Has thanked: 572 times
Been thanked: 398 times

Re: Persimmon (PSN)

#294305

Postby Bouleversee » March 26th, 2020, 1:21 am

Thanks, Ian. That's £3402 not coming my way after all, just for PSN. You have the last laugh! I don't suppose there's much Covid-19 where you are either.

daveh
Lemon Slice
Posts: 715
Joined: November 4th, 2016, 11:06 am
Has thanked: 62 times
Been thanked: 237 times

Re: Persimmon (PSN)

#294847

Postby daveh » March 27th, 2020, 4:07 pm

Bouleversee wrote:Thanks, Ian. That's £3402 not coming my way after all, just for PSN. You have the last laugh! I don't suppose there's much Covid-19 where you are either.


No reported cases in Western Isles and Orkney - the only two Health boards with no cases in Scotland.

idpickering
Lemon Half
Posts: 5560
Joined: November 4th, 2016, 5:04 pm
Has thanked: 883 times
Been thanked: 1981 times

Re: Persimmon (PSN)

#302806

Postby idpickering » April 24th, 2020, 7:21 am

COVID-19 Update

Including this bit;

Persimmon is keen to support the Government in meeting this objective but the health, safety and wellbeing of the public and everyone who works on our sites and in our offices remains our top priority, and we will not recommence construction operations until we are satisfied that it is safe to do so. In the period since 25 March 2020, working closely with our colleagues, sub-contractors and suppliers, we have therefore developed and tested a range of new site protocols to enable work to recommence, while ensuring that the necessary social distancing restrictions are strictly enforced. These new measures are fully compliant with UK Government and Construction Leadership Council guidance.

The Group is therefore announcing today that it will begin a phased re-opening of its construction sites from the morning of Monday 27 April 2020 which will allow us to support our customers by completing the construction of the new homes they have purchased in a safe and responsible manner.

https://www.investegate.co.uk/persimmon ... 00027206K/

Also on HYP Practical.

idpickering
Lemon Half
Posts: 5560
Joined: November 4th, 2016, 5:04 pm
Has thanked: 883 times
Been thanked: 1981 times

Re: Persimmon (PSN)

#303880

Postby idpickering » April 28th, 2020, 2:43 pm

Bouleversee wrote:Thanks, Ian. That's £3402 not coming my way after all, just for PSN. You have the last laugh! I don't suppose there's much Covid-19 where you are either.


A very belated apology Lorna, I missed your post. I don't know about last laugh, TW. have cancelled theirs too. As for cases of Covid-19, we've had three suspected, but since cleared thankfully. They're not letting any non-residents on the islands, so even more quieter than usual. Thankfully, no tourists wandering around causing mayhem, as some seem to do either. ;)

Ian.

idpickering
Lemon Half
Posts: 5560
Joined: November 4th, 2016, 5:04 pm
Has thanked: 883 times
Been thanked: 1981 times

Re: Persimmon (PSN)

#304006

Postby idpickering » April 29th, 2020, 7:23 am

Trading Update.

Highlights

Dave Jenkinson, Group Chief Executive, said: "In these unprecedented times we continue to be guided by our clear purpose of delivering long term sustainable returns for all our stakeholders. Focused management of the risks inherent in the housing market cycle has given us the financial strength to respond effectively and responsibly to the crisis and support our customers, our colleagues and suppliers, and the local communities we work in across the country, as the UK meets the challenges of the pandemic. We recognise the important contribution we make to the economy and wider society, and are determined to play our part.

"Our strong financial position and liquidity has enabled us to maintain our operational capability by retaining all staff on full pay through this period, without recourse to any Government financial assistance; to offer necessary support to our suppliers, subcontractors and local tradespeople; and to maintain our community and charity programmes, despite the economic shock of COVID-19.


Trading Highlights

Strong start to the year in the period before the COVID-19 lockdown - average private sales rate per site was c. 10% ahead year-on-year in the first 11 weeks of the period

Customer enquiries have remained at good levels through the lockdown period providing some encouragement on the resilience of demand

Current forward sales position, including legal completions taken to date in 2020, remains robust at £2.4bn (2019: £2.7bn)

The average private selling price of a new Persimmon home in our forward order book is c. £244,500 (2019: c. £237,850), c. 17% below the UK national average 1 , reflecting our commitment to providing 'homes for all'



https://www.investegate.co.uk/persimmon ... 00042328L/

idpickering
Lemon Half
Posts: 5560
Joined: November 4th, 2016, 5:04 pm
Has thanked: 883 times
Been thanked: 1981 times

Re: Persimmon (PSN)

#308526

Postby idpickering » May 14th, 2020, 7:14 am

COVID-19 Update

The health, safety and wellbeing of the public and everyone who works on its sites and in its offices remains Persimmon's top priority, and the Group is continuing to adopt all UK Government and construction industry guidance on safe working procedures, as it progressively re-opens for business. In the weeks following 25 March 2020, when its construction sites were closed, the Group worked closely with its colleagues, sub-contractors and suppliers to develop and test a range of new protocols to enable work to recommence safely, in anticipation of a potential return to its sites and its sales offices in due course. It is this work that is now enabling a swift and efficient restart.


https://www.investegate.co.uk/persimmon ... 00078335M/

monabri
Lemon Quarter
Posts: 3957
Joined: January 7th, 2017, 9:56 am
Has thanked: 464 times
Been thanked: 1187 times

Re: Persimmon (PSN)

#311208

Postby monabri » May 22nd, 2020, 8:29 pm

"Persimmon's chief executive and finance chief are receiving their full salaries again, despite the ongoing Covid-19 crisis"

https://www.telegraph.co.uk/business/20 ... -full-pay/

Barratt Developments....

Barratt started re-opening its sites on May 11, and a spokesman confirmed on Friday that the reduction in pay finished this week.

Noses back in troughs....


Return to “Company Share news (LSE Main Market)”

Who is online

Users browsing this forum: No registered users and 1 guest