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Savills PLC (SVS.L)

SVS.L on London Stock Exchange

815.50GBp
15 Aug 2018
Change (% chg)

3.50 (+0.43%)
Prev Close
812.00
Open
815.00
Day's High
817.00
Day's Low
812.00
Volume
6,339
Avg. Vol
263,216
52-wk High
1,046.00
52-wk Low
807.00

Latest Key Developments (Source: Significant Developments)

Savills H1 Pretax Profit Falls 18 Percent To 26.7 Million Stg
Thursday, 9 Aug 2018 

Aug 9 (Reuters) - Savills PLC ::H1 PRETAX PROFIT FELL 18 PERCENT TO 26.7 MILLION STG.INTERIM DIVIDEND 4.8 PENCEPER SHARE.HY GROUP PROFIT BEFORE TAX DOWN 18% TO £26.7M (H1 2017: £32.4M).HY GROUP REVENUE UP 2% (5% IN CONSTANT CURRENCY) TO £727.8 MILLION.BOARD'S EXPECTATIONS FOR FULL YEAR REMAIN UNCHANGED..OVERALL TRANSACTION ADVISORY REVENUE FLAT, IMPACTED BY A SLOWDOWN IN ACTIVITY IN UK COMMERCIAL MARKET IN HY."AS INTEREST RATES RISE, WE SHOULD EXPECT SOME TEMPERING OF INVESTMENT ACTIVITY IN COMING PERIODS.".SAYS HAS ROBUST PIPELINE OF ACTIVITY FOR SECOND HALF.  Full Article

Savills Appoints New UK CEO And UK Managing Director
Tuesday, 1 May 2018 

May 1 (Reuters) - Savills PLC ::APPOINTED A NEW UK CEO, JAMES SPARROW, AND UK MANAGING DIRECTOR, RICHARD REES.FORMER UK CEO MARK RIDLEY WILL UNDERTAKE TRANSITIONARY ROLE OF DEPUTY GROUP CEO, PRIOR TO APPOINTMENT AS GROUP CEO NEXT JANUARY 2019.  Full Article

Savills Announces Group Chief Executive Succession Plan
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Savills Plc ::SAYS THAT JEREMY HELSBY WILL RETIRE AS GROUP CHIEF EXECUTIVE AT END OF 2018.SAYS JEREMY WILL BE SUCCEEDED BY MARK RIDLEY, CURRENTLY CEO OF SAVILLS UK AND EUROPE, EFFECTIVE 1 JANUARY 2019.SAYS MARK WILL JOIN BOARD OF SAVILLS PLC AS DEPUTY GROUP CHIEF EXECUTIVE ON 1 MAY 2018.  Full Article

UPDATE 2-Brexit uncertainty dampens Savills' first-half profits

* CEO says hard Brexit means short-term uncertainty for clients