Savills Share Discussion Threads

[mike24] 14/10/2020 23:28

open day for a prop in Walthamstow last weekend
35 viewings, nearly all first time buyers,
sellers looking to rent then buy further afield,
just seems this crazy bubble has legs

[arja] 17/7/2020 15:49

awful looking steadily downtrending chart heading for about 690 it seems in spite of an up day today . But moves too slowly for a short trade to pay off I guess

[bigmike100] 23/1/2020 20:36

Interesting share price down but buy volume up. Any thoughts out there?

[broadwood] 08/8/2019 07:24

Holding up well despite Brexit and Hong Kong.

[johncasey] 06/8/2019 03:03

p45's for svs employees...where will they go next..no hoodless or beaufort?

[johncasey] 05/8/2019 07:37

brown trouser day for city shorting scum

[johncasey] 05/8/2019 05:52

Could be good for certain aim stocks like VAST,CLP and INSP..big short squeeze...shorters will close en masse with fear of getting trapped in like Beaufort fiasco

[call-logger] 17/5/2019 17:49

Yep (AJ Bell)

[broadwood] 16/5/2019 12:14

An initial interim dividend of 4.8p per share (2017: 4.65p) amounting to GBP6.6m was paid on 3 October 2018, and a final ordinary dividend of 10.8p (2017: 10.45p) is recommended, making the ordinary dividend 15.6p for the year (2017: 15.1p). In addition, a supplemental interim dividend of 15.6p (2017: 15.1p) is declared, based upon the underlying performance of our Transaction Advisory business. Taken together, the ordinary and supplemental interim dividends comprise an aggregate distribution for the year of 31.2p per share, representing an increase of 3% on the 2017 aggregate dividend of 30.2p. The final ordinary dividend of 10.8p per ordinary share will, subject to shareholders' approval at the AGM on 8 May 2019, be paid alongside the supplemental interim dividend of 15.6p per share on 13 May 2019 to shareholders on the register at 12 April 2019.

Anybody received the supplementary divi?

[mike24] 14/9/2018 09:01

Carney putting the oar in again,
house prices could fall 35% over three yrs,
quite possible (in London)

the REAL problems out there are the shortage of components
for large manufacturers, ie aircraft stacked up waiting for parts,
because the suppliers down the line have been squeezed to hard
to the point of survival
these problems are going to hit the EU because the problems are
outside the EU, India, China, etc
nai

[mike24] 14/9/2018 09:01

28.sept
Toyota boss says production could stop if we crash out of EU
we have deliveries every 37mins on " just in time components " from EU
BMW to shut mini production for one month post brexit,

we hit the iceberg eighteen months ago, and the band is still playing
so the housing market won't crash !

[rochdae] 09/8/2018 15:45

It isn't over. It's just a dip.... but maybe over for a while...

[rock star] 09/8/2018 07:45

The global property boom is over.

Wherever you look New York, London, Beijing, Sydney prices are falling....and interest rates trending up.

[broadwood] 15/3/2018 08:36

- Savills, the international real estate adviser, increased its underlying profit by 3.5% to £140.5m in 2017.

Revenues rose by 11% to £1.6bn.

The group's statutory profit before tax increased by 13% to £112.4m.

The total dividend for the year has been increased by 4% to 30.2p per share.

Transaction Advisory revenue grew by 13%, Consultancy business revenue by 14% and Property Management revenue by 9%, including the full year effect of the 2016 UK acquisition of GBR Phoenix Beard.

Savills' Commercial Transaction business grew revenue by 15% with strong performances in many markets including the UK and significant growth in the Asia Pacific region, in particular, Hong Kong, China, Japan and Australia.

The Residential businesses withstood challenging conditions achieving revenue growth of over 6%.

Savills Investment Management assets under management increased to £14.6bn from £13.9bn. Investment Management revenue declined, reflecting the reduced level of disposal transactions from the liquidating SEB German Open Ended Funds Savills inherited as part of the acquisition of SEB Asset Management in 2015.

The reduction in transaction fees in the Investment Management business, together with a decline in the volume of larger complex transactions in the US and the costs of expansion in a number of markets, restricted the underlying profit margin to 8.8% (2016: 9.4%).

The statutory pre-tax profit margin remained stable at 7.0% (2016: 6.9%), with lower acquisition-related costs and profits on disposal of investments offsetting the expansion costs and decline in the US business.

Jeremy Helsby, group chief executive, said: "Savills has delivered another strong performance in 2017. Revenue and profits grew in each of our global Transaction Advisory, Consultancy and Property Management businesses despite challenging conditions in a number of markets. The strength of our business in key transactional markets across the globe, including a highly resilient performance in our UK residential business, were key to this result.

"Throughout the year we maintained our focus on delivering exceptional service to our clients and continued to build on our global network through complementary acquisitions and new team hires.

"We have made a solid start to 2018 with a pipeline of business carried over from last year in many markets, although this is against the backdrop of heightened market uncertainty, geopolitical risks and rising interest rates. We anticipate a tempering of the strong transaction volumes of recent times in some markets; however, at this early stage in the year our expectations for 2018 remain unchanged."

[jockthescot] 16/1/2018 16:33

Are we going to reach £10?!

[broadwood] 16/1/2018 12:51

Beating expectations _ Asia Pacific strong London buyers.


e Group experienced a stronger than anticipated finish to the year in a number of our businesses around the world. In addition to substantial commercial transaction volumes in both the UK and a number of Asian and European markets, the relative resilience of Savills UK Residential transaction business, which achieved year-on-year revenue growth in challenging markets, was of particular note. Accordingly, the Group now anticipates that underlying results for the year to 31 December 2017 will be ahead of our previous expectations.

In the UK, we saw increased market share in commercial transactions, primarily as a result of relatively robust occupier demand and continued strong investment interest from the Asia Pacific region. Our Less Transactional businesses, both in the UK and globally, performed in line with our expectations.

[jockthescot] 10/8/2017 08:28

Another solid set of results.

[broadwood] 10/8/2017 08:14

- Savills' group revenue grew by 7% at constant currency to £714.4m in the first half of the year, with underlying profit up 5% to £48.1m.

Transaction advisory revenue was up 15%, reflecting strong performances in Asia, Europe and the UK commercial market, which offset a slight decline in UK residential revenue.

Property management revenue rose 13% and consultancy revenue increased by 15%.

At Savills Investment Management, revenue rose by 22%.

Jeremy Helsby, group chief executive of Savills, said: "In an environment of ongoing political and economic uncertainty, we continue to anticipate that our performance for the full year will be in line with the board's expectations."

Currency had a positive impact on reported group performance increasing revenue by £47.2m and underlying profit by £3.1m.

Statutory profit before tax, including deferred consideration provisions and acquisition and restructuring costs was £32.4m, 27% higher than the first half of 2016.

Savills made incremental acquisitions and team hires for the Savills Studley platform in the US, including the acquisition of Cresa Partners Orange County (California).

It also recruited a significant capital markets team in New York, the costs of which affected US profits in the period.

In the UK, it acquired a commercial real estate service provider in Guernsey and in Europe it invested in a new start-up in the Czech Republic. These expenditures caused the group's underlying profit margin to fall to 6.7% from 6.9% the year before.

Savills increased the interim dividend by 6% to 4.65p per share.

[broadwood] 10/8/2017 07:06

Looking good.

Savills has delivered a great first half performance across the Group driven, in particular, by strong growth in Asia and a resilient performance in the UK.
In line with our overall growth strategy, we have continued to build on the Savills Studley platform in the US, particularly our Capital Markets business, with recruitment and incremental acquisition activity across the country.

In addition, we have continued to invest in our Asian platform and, since the period end, in Europe we have announced the acquisitions of Larry Smith and Aguirre Newman, further strengthening our positions in Italy and Spain respectively.
Continued growth in our less transactional businesses, significant overseas earnings and strong market shares in many of our most important transactional locations position the Group to withstand short term reductions in local activity and to capitalise on the opportunities which we expect to emerge.



In an environment of ongoing political and economic uncertainty, we continue to anticipate that our performance for the full year will be in line with the Board's expectations

[jockthescot] 27/7/2017 21:10

Really??!!