London · Delayed Price · Currency is GBP · Price in GBX M Winkworth Earnings Call Transcripts
Fiscal Year 2025
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Network revenue grew 6% year-over-year, with record lettings and strong sales, but profit before tax fell 11% due to higher costs and one-off investments. The business remains debt-free, increased its dividend by 7%, and continues to invest in digital and franchise expansion.
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H1 2025 saw network revenue rise 15% to £32m, driven by strong sales growth, while profit before tax fell 19% due to increased investment and one-off costs. The group expanded its franchise network, maintained a progressive dividend, and continues to focus on digital and talent investment.
Fiscal Year 2024
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Achieved double-digit revenue and profit growth, with record lettings and strong sales driving a shift toward sales-led revenue. Expanded market share in London, opened new offices, and maintained a progressive dividend policy while investing in talent and digital platforms.
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H1 2024 delivered strong revenue and profit growth, with record lettings and robust sales, supported by new office openings and franchise resales. The business remains well-balanced and cash-rich, with continued investment in talent and digital transformation.