The latest announcement is out from Savills ( (GB:SVS) ).
Savills reported strong financial performance for the year ending December 2024, with a 7% increase in group revenue to £2.4 billion and a 38% rise in underlying profit before tax to £130.4 million. Despite challenges such as economic uncertainty and geopolitical risks, the company benefited from operational leverage and a recovery in transactional markets. Savills’ strategic acquisitions and investments in technology and digital transformation have positioned it well for continued growth, while maintaining a strong balance sheet and liquidity position.
More about Savills
Savills plc is a global real estate services provider operating in various sectors including transactional advisory, consultancy, property and facilities management, and investment management. The company focuses on delivering comprehensive real estate solutions across geographies, with a strong emphasis on expanding its global prime residential services and enhancing its commercial offerings.
YTD Price Performance: 1.02%
Average Trading Volume: 1,700
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.72B
See more insights into SVS stock on TipRanks’ Stock Analysis page.