The Savills Board has declared an interim ordinary dividend of 6.9p (H1 2022: 6.6p). The dividend, which is designed to provide sustainable real income growth and be supported by the less transactional business earnings, will be payable on 2 October 2023 to shareholders on the register at 1 September 2023.
Other financial highlights include:
Group revenue £1,011.4m, down 2.5% (4.1% in constant currency) (H1 2022: £1,037.4m)
Group underlying profit before tax £16.3m (H1 2022: £59.2m)
Group profit before tax £6.0m (H1 2022: £50.4m)
Underlying basic earnings per share 9.2p (H1 2022: 32.4p)
Basic earnings per share 3.5p (H1 2022: 26.8p)
Net cash £12.9m (H1 2022: Net cash £149.0m)
