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M Winkworth ( (GB:WINK) ) has issued an update.
M Winkworth plc reported robust sales growth in 2024, with a 23% increase in agreed sales, driven by declining finance costs and rebalanced household needs. Despite a slight decline in lettings applicants, revenues rose due to higher rental prices. Pre-tax profits are expected to align with market expectations at £2.35m, and the company announced a 5.13% rise in total ordinary dividends for 2024. The company anticipates continued positive sales activity in 2025, partly fueled by investments in talent and office expansion, which are expected to enhance its market position.
More about M Winkworth
Winkworth is a leading franchisor of residential real estate agencies, primarily operating in London. The company holds a significant presence in the mid to upper segments of the sales and lettings markets, utilizing a franchise model to provide high-standard services under a well-established brand.
YTD Price Performance: 0.0%
Average Trading Volume: 2,133
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £25.17M
For an in-depth examination of WINK stock, go to TipRanks’ Stock Analysis page.
