Taylor Wimpey Plc · LSE:TW.
Taylor Wimpey — Investor Presentation (October 2021)
22 slides from Taylor Wimpey's investor presentation, Oct 7, 2021
Slide 1: Housing Market Intelligence 7 October 2021
Housing Market Intelligence 7 October 2021 Pete Redfern Chief Executive, Taylor Wimpey
Slide 2: Disclaimer
Disclaimer For the purposes of this notice, this “presentation” shall include these slides and any question-and-answer session that follows oral briefings by representatives of Taylor Wimpey plc. This presentation is for information purposes only and is not intended to, and does not constitute or fo
Slide 3: Agenda
Agenda Housing market Land market Build resources People and Customer and planning and culture service, build environment sustainability quality and regulation reputation 3 Housing Market Intelligence 7 October 2021
Slide 4: Housing market
Housing market
Slide 5: Market performance – to 1 August 2021
Market performance – to 1 August 2021 H2 2021 (w/e 1 August 2021) H1 2021 H2 2020 H1 2020 H2 2019 H1 2019 Average outlets open 220 228 244 237 243 257 Private sales rate (net) 0.81 0.97 0.81 0.70 0.92 1.00 Private sales price £000 323 322 320 320 314 298 Cancellation rate (private) 16% 14% 19% 21% 1
Slide 6: Positive sales momentum and forward indicators
Positive sales momentum and forward indicators Customer interest* Appointments 1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52 1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52 Week number Week number 2019 2020 2021 2020 2021 * Organic traffic i.e. traffic via a search engine, to our plot and de
Slide 7: Land market and planning environment
Land market and planning environment
Slide 8: TW land investment to H1 2021
TW land investment to H1 2021 Land approvals ● Approved c.32k plots in the year to 4 July 2021 Land acquisition ● Increased landbank by c.5k units in the year to 4 July 2021, expect landbank to grow by >10k units as recent acquisitions flow through ● Great mix of sites secured including smaller addi
Slide 9: Land market
Land market 9 Housing Market Intelligence 7 October 2021
Slide 10: Build resources and sustainability regulation
Build resources and sustainability regulation
Slide 11: Build resources
Build resources 11 Housing Market Intelligence 7 October 2021
Slide 12: Skills and apprentices
Skills and apprentices Number of construction apprenticeship starts 14,000 12,000 10,000 Apprenticeship starts 8,000 6,000 4,000 2,000 0 2012/13 2013/14 2014/15 2015/16 2016/17 2017/18 2018/19 Under 19 Male Under 19 Female 19-24 Male 19-24 Female 25+ Male 25+ Female Source: Department for Education
Slide 13: Sustainability and regulation
Sustainability and regulation Barclays: UK Homebuilding and its role in decarbonisation 4 October 2021 ● The UK residential new-build sector is undergoing the most significant changes to building regulations in decades as the move towards decarbonisation intensifies. This is being driven by the UK G
Slide 14: People and culture
Taylor | ple Wimpey People and culture
Slide 15: TW people and culture
TW people and culture In 2020, the mean pay Named in Glassdoor’s for women was 6% top 10 companies for higher than that of work life balance men during COVID-19 (2019: 2% lower) 96% of employees In 2020, our Annual agree or strongly Injury Incidence Rate* agree was 151 per 100,000 “I can be my authe
Slide 16: Industry ethnic diversity
Industry ethnic diversity 2018 construction sector workers ethnic group White Other White British White Pakistani, Bangladeshi Other Asian Other Mixed Indian Black Asian 0 500,000 1,000,000 1,500,000 2,000,000 2,500,000 Workers Source: GOV.UK, 2018 Annual Population Survey 16 Housing Market Intellig
Slide 17: Customer service, build quality and reputation
Customer service, build quality and reputation
Slide 18: Customer satisfaction
Customer satisfaction 8-week ‘would you recommend?’ industry average and new build housing supply 100% 250,000 Percentage of respondents who would recommend their 90% 80% 200,000 New build housing supply 70% builder to a friend 60% 150,000 50% 40% 100,000 30% 20% 50,000 10% 0% 0 2008 2009 2010 2011
Slide 19: Taylor Wimpey Construction Quality Review
Taylor Wimpey Construction Quality Review 4.9 4.7 4.5 CQR score out of six 4.3 4.1 3.9 3.7 3.5 Jan-17 Aug-17 Feb-18 Sep-18 Mar-19 Oct-19 Apr-20 Nov-20 Jun-21 19 Housing Market Intelligence 7 October 2021
Slide 20: Industry priorities
| Vises Ua | Taylor ple Wimpey | Industry priorities
Slide 21: Industry priorities
Industry priorities ● Deeper strategic investment in skills, people and culture – including but not limited to apprenticeships ● Continue the path to consistently great customer service and build quality ● Collaborative research and development to resolve build and regulatory challenges, including…
Slide 22: Housing Market Intelligence 7 October 2021
Housing Market Intelligence 7 October 2021 Pete Redfern Chief Executive, Taylor Wimpey