LOGO
LOGO

Earnings News

Savills Says It Trades Broadly In Line With Expectations In Q1

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

U.K.-based real estate business Savills plc (SVS.L) on Wednesday said it traded broadly in line with expectations in the first quarter and for the year to date, and comfortably ahead of the comparable period last year.

Global capital transaction revenue improved 7 percent in the first quarter.

Leasing revenues grew over 20 percent in the period.

The Group said its underlying pipeline of potential transactions is significantly improved compared with the same time last year.

The company expects that considering the impact of tariffs on the execution of transactions in the second quarter, the performance in the first half could be largely similar to previous year. The company also said it anticipates continued improvement in market conditions through the second half of the year.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

RELATED NEWS
Latest Updates on COVID-19