We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Foxtons Group Plc | LSE:FOXT | London | Ordinary Share | GB00BCKFY513 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1.00 | 1.83% | 55.60 | 55.00 | 56.00 | 55.00 | 53.00 | 53.00 | 292,844 | 16:35:29 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Real Estate Agents & Mgrs | 147.13M | 5.49M | 0.0182 | 30.22 | 165.71M |
From Apr 2019 to Apr 2024
TIDMFOXT
RNS Number : 3418O
Foxtons Group PLC
17 May 2018
FOXTONS GROUP PLC
Q1 Trading Update
17 May 2018
Ahead of its AGM today Foxtons Group plc (LSE: FOXT), London's leading estate agency, issues the following trading update.
Conditions in the London property market remain very challenging with sales volumes lower than prior year. Foxtons entered 2018 with a lower sales pipeline compared to the same point last year and this resulted in lower levels of activity in the quarter. Performance in lettings was impacted by a slow start to January and the timing of Easter, which had a negative effect on revenue. In the first quarter of 2018 group revenue was GBP24.5m compared to GBP28.7m in the first quarter of last year. This comprised sales revenue of GBP8.2m (2017: GBP11.1m), lettings revenues of GBP14.3m (2017: GBP15.5m), and Alexander Hall mortgage revenue of GBP2.0m (2017: GBP2.1m).
Whilst the sales pipeline has begun to improve it remains below where it was this time last year. The performance of our lettings business improved towards the end of the quarter and throughout April.
Foxtons remains in a strong financial position with a net cash balance.
For further information, please contact:
Foxtons Group plc ----------------------------- ------------------ Mark Berry, Chief Financial Officer +44 20 7893 6484 ----------------------------- ------------------ Jenny Matthews, Investor Relations Manager ----------------------------- ------------------ Teneo Blue Rubicon ----------------------------- ------------------ Robert Morgan / Laura Stewart +44 20 7420 3194 ----------------------------- ------------------
About Foxtons Group plc
Foxtons is a multi-award-winning estate agency which was founded in 1981 with the first branch opened in Notting Hill Gate. Today with 67 branches, the Group covers most of London providing sales and lettings services for higher-value properties.
This information is provided by RNS
The company news service from the London Stock Exchange
END
TSTUNONRWRAVAAR
(END) Dow Jones Newswires
May 17, 2018 02:00 ET (06:00 GMT)
1 Year Foxtons Chart |
1 Month Foxtons Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
