FY24 results were well flagged in the Jan. update, where we upgraded our earnings forecast by 10%. They confirm revenue growth of 11% to £163.9m (FY23: £147.1m), with operating profit growth of 38% to £21.6m (SCMe: £21.1m, FY23: £15.7m). FY25 guidance is reiterated having upgraded as recently as January. A strong outlook is underpinned by resilience in Lettings and a record under offer Sales pipeline, which has continued to grow in the year to date. We forecast another year of strong PBT growth ....

05 Mar 2025
Strong growth trajectory continues into FY25

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Strong growth trajectory continues into FY25
Foxtons Group Plc (FOXT:LON) | 62.2 1.5 4.0% | Mkt Cap: 186.3m
- Published:
05 Mar 2025 -
Author:
Greg Poulton -
Pages:
3 -
FY24 results were well flagged in the Jan. update, where we upgraded our earnings forecast by 10%. They confirm revenue growth of 11% to £163.9m (FY23: £147.1m), with operating profit growth of 38% to £21.6m (SCMe: £21.1m, FY23: £15.7m). FY25 guidance is reiterated having upgraded as recently as January. A strong outlook is underpinned by resilience in Lettings and a record under offer Sales pipeline, which has continued to grow in the year to date. We forecast another year of strong PBT growth ....