Savills News

Results for the half year ended 30 June 2026

Savills plc today announces its unaudited results for the six months ended 30 June 2026.

Summary results:

 

H1 2026

H1 2025

Change

Revenue

£1,225.5m

£1,127.8m

9%

Underlying profit before tax*

£34.3m

£23.3m

47%

Reported profit before tax

£7.0m

£15.8m

(56%)

Underlying basic earnings per share*

17.9p

11.7p

53%

Reported basic earnings per share

3.3p

6.8p

(51%)

Interim dividend

7.8p

7.4p

5%

Net (debt)/cash**

(£42.7m)

(£16.5m)

n/m

*Underlying profit before tax (‘underlying profit’) and underlying basic earnings per share (‘underlying EPS’) are alternative performance measures used to assess the performance of the Group. Underlying profit is calculated on a consistently reported basis in accordance with Note 3 and Note 7 to the Interim Financial Statements. Underlying EPS is calculated using underlying profit, with the weighted average number of shares remaining the same as the GAAP measure (see Note 10(b)).
** Net (debt)/cash reflects cash and cash equivalents net of borrowings and overdrafts in the notional pooling arrangement.

 

Key highlights:

  • Group revenue up 9% (same in constant currency) with year-on-year growth reported across all business segments
  • Group underlying profit before tax increased 47% (49% in constant currency), including significant improvement in profitability in North America
  • Reported profit and earnings were affected by one-off costs related to the acquisition of Eastdil Secured Holdings LLC (‘Eastdil Secured’)
  • Acquisition of Eastdil Secured completed on 31 July 2026
  • Transactional business delivered a 14% increase in revenue and a significant period-on-period improvement in first half losses, reflecting a strong performance from our Commercial Transaction Advisory business
  • Less Transactional business performed well with revenue increasing by 6% and underlying profit before tax increasing 27% as previous restructuring fed through to profitability
  • The Board has declared an interim dividend of 7.8p (H1 25: 7.4p) per share, up 5%

Commenting on the results, Simon Shaw, Group Chief Executive, said:
“I am delighted with the significant improvement in Savills performance, and for this, I thank our people for their focus on delivering sound advice and rigorous execution, and our clients for their trust. I am also delighted to welcome our new colleagues at Eastdil Secured Savills who joined us this month.

Looking forward, the enlarged Group’s pipelines are strong, and although transaction timelines are hard to predict in the current environment, I am confident that we are well positioned to deliver value to our clients, colleagues and shareholders.”

Read the full statement here.

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