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Foxtons FY24 Pretax Profit Rises; Revenue Up 11%

Foxtons Group plc (FOXT.L) reported that its fiscal 2024 profit before tax increased to 17.5 million pounds from 7.9 million pounds, last year. Earnings per share was 4.5 pence compared to 1.7 pence. Adjusted operating profit increased to 21.6 million pounds from 15.6 million pounds, last year. Adjusted basic earnings per share was 5.0 pence compared to 3.4 pence.

For the year ended 31 December 2024, revenue from continuing operations increased to 163.9 million pounds from 147.1 million pounds, prior year.

The Group said it is on track to deliver against medium-term targets set in March 2023 and the next phase of the growth plan is now coming into focus.

For 2025, the Board proposed a final dividend of 0.95 pence per share, bringing total dividends declared for 2024 to 1.17 pence, representing a 30% increase on the prior year.

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by RTTNews Staff Writer

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