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... For the full story register now for free or login below...