Earnings release
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TRADING STATEMENT - WEDNESDAY 13 JANUARY Persimmon plc today announces the following update ahead of its Final Results for the year ended 31 December 2020 , which will be released on 3 March 2021 . Highlights Dean Finch , Group Chief Executive , commented : " Against the backdrop of the unprecedented challenges of 2020 , Persimmon produced a robust performance for the year , as we continued to deliver the new homes the country needs . The Group's strong second half completions were supported by its advanced build coming into the year , an agile and effective response to the Covid - 19 pandemic and resilient customer demand . I would like to take this opportunity to thank my colleagues and our suppliers and subcontractors for their continued hard work and commitment throughout this challenging period . " The health , safety and wellbeing of our customers , our workforce and our communities has been paramount throughout and all of the Group's businesses continue to operate in line with our Covid secure policies and procedures . " We continue to improve our customer service and build quality and I am pleased at the level of commitment I have seen from within the business to achieving these aims , as recognised in our current customer satisfaction scores which have been trending ahead of the 5 star HBF rating since January 2020. Looking ahead , we are focused on delivering further improvement and consistency in the way we serve our customers and build our homes , whilst reducing our impact on the environment . " Recent events have served to further demonstrate the continuing near term uncertainties arising from the Covid - 19 pandemic . However , we believe that the longer term fundamentals of the UK housing market remain resilient and I am confident Persimmon will continue to deliver superior long term value for all of its stakeholders . " Highlights New home completions Average selling price Total Group revenues New housing revenues Cash at 31 December Current forward sales position Dividend paid in the year 2020 13,575 c . £ 230,500 £ 3.33bn £ 3.13bn £ 1,234m £ 1.689bn 110p per share 2019 15,855 £ 215,709 £ 3.65bn £ 3.42bn £ 844m £ 1.356bn 235p per share Trading Group trading has been robust despite the challenges arising from the pandemic , including the ongoing increase in the time taken to progress and complete sales contracts . The robust performance in the second half of the year , delivering 8,675 new home legal completions , has mitigated some of the impact of the delays caused by the initial Covid - 19 lockdown period in the first half . Total Group revenues of £ 3.33bn , ( 2019 : £ 3.65bn ) were generated in the year , with new housing revenues of £ 3.13bn ( 2019 : £ 3.42bn ) . New home legal completions of 13,575 , ( 2019 : 15,855 ) , include 11,363 new homes sold to private owner occupiers ( 2019 : 12,463 ) . The Group's average selling price increased by c . 7 % to c . £ 230,500 , resulting from the 6 % higher proportion of new homes delivered to owner occupiers in our total sales for the year . The average selling price of new homes sold to owner occupiers improved by 3.7 % to c . £ 250,900 ( 2019 : £ 241,985 ) , largely reflecting year on year changes in the mix of active sales outlets and homes sold . Demand for new homes has remained resilient throughout the second half with the Group's average weekly sales rate per site being 39 % higher than the second half of last year in part supported by the