Foxtons has reclaimed its position as London’s leading estate agency after a year of outperformance where it was the UK’s fastest growing large lettings and sales agency brand in FY23. Adj. EBIT increased by 2% to £14.3m, as Lettings (70% of Group) continued to underpin earnings resilience and the Group continued to win share in Sales and Financial Services despite a significant decline in Sales market activity. Foxtons entered FY24 in a strong position and management confirms it is on track to ....
05 Mar 2024
London’s leading estate agent is back
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London’s leading estate agent is back
Foxtons Group Plc (FOXT:LON) | 62.4 -0.6 (-1.6%) | Mkt Cap: 189.6m
- Published:
05 Mar 2024 -
Author:
Greg Poulton -
Pages:
3
Foxtons has reclaimed its position as London’s leading estate agency after a year of outperformance where it was the UK’s fastest growing large lettings and sales agency brand in FY23. Adj. EBIT increased by 2% to £14.3m, as Lettings (70% of Group) continued to underpin earnings resilience and the Group continued to win share in Sales and Financial Services despite a significant decline in Sales market activity. Foxtons entered FY24 in a strong position and management confirms it is on track to ....