Persimmon PLC COVID-19 Update (8335M)
14 Mayo 2020 - 1:00AM
UK Regulatory
TIDMPSN
RNS Number : 8335M
Persimmon PLC
14 May 2020
14 May 2020
Persimmon plc
("Persimmon" or "the Group")
COVID-19 Update
Persimmon is today providing a further update on its response to
the COVID-19 pandemic.
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.
The ability to recommence operations swiftly has been made
possible by the Group's decision not to furlough staff and to
continue to pay all colleagues in full throughout the shutdown
period, without recourse to Government assistance. This has
retained talent directly within the business and ensured
operational continuity at site level, supporting both the
introduction of new safer working methods and restart activity.
Re-commencement of on-site sales activities
The Group's sales teams have continued to work effectively and
efficiently to serve new and existing customers, making use of
online resources, including virtual viewings and digitalised
reservation processes, over recent weeks.
The Group is pleased to announce that, following the publication
of new guidance by the UK Government which took effect from 13 May
2020, it will reopen its sales offices in England on Friday 15 May
2020.
All sales offices and show homes will reopen with strict new
social distancing and additional hygiene measures in place, which
are fully compliant with the latest UK Government guidance.
Initially, sales consultations will be on a pre-booked appointment
basis only.
Progress of construction activity
As previously announced the Group began a phased return to work
on its construction sites in England and Wales on 27 April 2020.
This process continues to progress smoothly and to plan. During the
week beginning 4 May 2020 c. 65% of production capacity had been
restored.
The Group's businesses in Scotland remain in shutdown, pending
further guidance on a restart timetable from the Scottish
Government.
Trading Update
In the eight weeks ended 10 May 2020 the Group secured 1,351
gross private sales reservations, with a total of 1,300 legal
completions being made in the same period. Cancellation levels
remain in line with historic trends.
The Group is pleased to note that, working within the bounds of
social distancing restrictions, it was able to complete activity to
ensure that no customers were left in a vulnerable position through
this period.
David Jenkinson, CEO, said: "We support the Government's view
that the housing sector has a key role to play in the UK's economic
recovery. The urgent need for new homes has not been diminished by
COVID-19 and the new measures announced by the Government will
re-open the housing market and allow people to get moving again.
Our sales colleagues can now begin to return to site but staff and
customer safety remains our first priority and we have put in place
new protocols and training procedures to enable them to restart
operations safely.
"Persimmon decided not to access any form of Government support
during the shutdown period and has maintained its commitments to
its colleagues and communities in full throughout. Now, as we
re-start activity, this decision is also enabling us to get back to
work swiftly and safely. Persimmon is open for business and we are
looking forward to welcoming customers back to site and continuing
to play our part in rebuilding Britain's economy."
This announcement contains inside information. The person
responsible for arranging the release of this announcement on
behalf of the Group is Tracy Davison, Company Secretary.
For further information, please contact:
Citigate Dewe Rogerson
Simon Rigby / Kevin Smith / Jos Bieneman
Tel: +44 (0)20 7638 9571
This information is provided by RNS, the news service of the
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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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