Savills (SVS)

Sector:

Real Estate

Index:

FTSE 250

1,060.00p
   
  • Change Today:
      2.00p
  • 52 Week High: 1,067.00
  • 52 Week Low: 763.50
  • Currency: UK Pounds
  • Shares Issued: 144.39m
  • Volume: 48,534
  • Market Cap: £1,530.54m
  • RiskGrade: 140

Savills posts record FY results after strong trading recovery

By Michele Maatouk

Date: Thursday 10 Mar 2022

LONDON (ShareCast) - (Sharecast News) - Real estate advisor Savills reported record full-year results on Thursday following an "extraordinarily strong" trading recovery.
In the year to the end of December 2021, underlying pre-tax profit rose 107% to £200.3m on revenue of £2.15bn, up 23% on the previous year. Reported pre-tax profit was 120% higher at £183.1m and reported basic earnings per share surged 114% to 104.9p.

Savills hailed strong trading in the last quarter of the year, led by the UK and Asia Pacific regions. Transactional advisory revenues rose 34% in recovering markets, while commercial transaction revenues were 35% higher, with strong growth in the UK and Asia Pacific. Residential transaction revenue rose 31%.

Both Continental Europe and the Middle East and North American regions recovered to reverse 2020's losses, delivering better than expected profits for 2021, the company said.

Chief executive Mark Ridley said: "Savills delivered a record performance in 2021 reflecting the significant recovery in both residential and commercial transactional markets supported by growth in our less transactional investment management, property management and consultancy businesses.

"The group has started 2022 in line with our expectations and the strength of our balance sheet supports our growth strategy to pursue further complementary acquisitions and significant recruitment across our global business."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Savills Market Data

Currency UK Pounds
Share Price 1,060.00p
Change Today 2.00p
% Change 0.19 %
52 Week High 1,067.00
52 Week Low 763.50
Volume 48,534
Shares Issued 144.39m
Market Cap £1,530.54m
RiskGrade 140

Savills Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
18.04% below the market average18.04% below the market average18.04% below the market average18.04% below the market average18.04% below the market average
55% below the sector average55% below the sector average55% below the sector average55% below the sector average55% below the sector average
Price Trend
60.57% above the market average60.57% above the market average60.57% above the market average60.57% above the market average60.57% above the market average
86.05% above the sector average86.05% above the sector average86.05% above the sector average86.05% above the sector average86.05% above the sector average
Income
17.42% below the market average17.42% below the market average17.42% below the market average17.42% below the market average17.42% below the market average
35.48% below the sector average35.48% below the sector average35.48% below the sector average35.48% below the sector average35.48% below the sector average
Growth
90.07% below the market average90.07% below the market average90.07% below the market average90.07% below the market average90.07% below the market average
94.87% below the sector average94.87% below the sector average94.87% below the sector average94.87% below the sector average94.87% below the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 2
Sell 0
Strong Sell 0
Total 4
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Savills Dividends

  Latest Previous
  Final Special
Ex-Div 11-Apr-24 11-Apr-24
Paid 23-May-24 23-May-24
Amount 13.90p 2.00p

Trades for 28-Mar-2024

Time Volume / Share Price
11:31 116 @ 1,060.00p
11:28 136 @ 1,062.00p
11:26 10 @ 1,061.00p
11:26 146 @ 1,061.00p
11:26 85 @ 1,061.00p

Savills Key Personnel

CEO Mark Ridley
Chair Stacey Cartwright

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