Persimmon Plc · LSE:PSN
Persimmon — Shareholder Meeting (April 2024)
8 slides from Persimmon's shareholder meeting presentation, Apr 25, 2024
Slide 1: Chief Executive's Presentation - Annual General Meeting
@ Persimmon Together, we make your home ANNUAL GENERAL MEETING Chief Executive’s Presentation 25" April 2024
Slide 2: Full Year 2023 key metrics
Owned land with Customer satisfaction NHBC Reportable Items Net private sales rate detailed planning per outlet per week +7% 92.9% 0.28 0.58 Completions Operating profit Operating margin Net cash 9,922 £355m 14% £420m 1. Stated before legacy buildings provision charge (2023: £nil, 2022: £275.0m) and
Slide 3: Full Year Results 2023
▪ ▪ - ▪ - ▪ - - 3 Full Year Results 2023
Slide 4: Build quality, reinforcing trust, disciplined growth
01 02 03 04 05 Build quality Reinforcing Disciplined Industry- Supporting trust growth leading sustainable financial communities performance 4 Full Year Results 2023
Slide 5: NHBC reportable items and HBF customer satisfaction
▪ NHBC RIs1 - 0.8 0.6 ▪ -58% 0.4 - 0.2 0 ▪ 2019 2023 8-week HBF customer satisfaction 4.2 2.9 5 Full Year Results 2023 1. NHBC Reportable Items
Slide 6: Self-help planning delivering results
▪ Significant self-help - new approach to planning delivering excellent results: - 98% - of 2024 expected completions have ▪ Delivering results in 2023 despite tough planning backdrop: detailed planning - - Return to growth in average outlets ▪ Reversing the decline: - - ▪ - - H2 H1 H2 H1 H2 H1 H2 H
Slide 7: Identified developments
Identified developments 31 Dec 2023 1 Mar 2023 ▪ - Sub-total: progressing through tender 16 23 - - ▪ Sub-total: pre-works starting 26 31 - - Sub-total: to complete 43 40 ▪ Total identified developments 82 73 7 Full Year Results 2023
Slide 8: Full Year Results 2023
▪ ▪ ▪ ▪ - ▪ ▪ ▪ ▪ 8 Full Year Results 2023