Property giant cautious over political uncertainty for coming year

James Evans, head of Savills' Manchester office
Property group Savills saw annual revenues rise, but pre-tax profits fall, for the year to December 21, 2018. Group revenues hit £1.76bn, a 10% improvement, although pre-tax profits dipped 3%, from £112.4m in 2017 to £109.4m. It said underlying profit levels rose 2% to £143.7m. Group chief executive Mark Ridley, said: “Savills delivered both revenue and underlying profit growth in 2018, driven by a robust second half of the year. "In addition to maintaining or growing our share of transactional markets, the performan... You can carry on reading for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...