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Savills increases interim dividend by 3%

Investment Tools Ltd.
Savills increases interim dividend by 3%

The Savills Board has declared an interim dividend of 4.95p per share (2018: 4.8p), supported by the performance of the Group's less transactional businesses. The interim dividend of 4.95p per share will be payable on 2 October 2019 to shareholders on the register on 5 September 2019.

Other financial highlights include:

Group revenue up 16% (14% in constant currency*) to £847.0m (H1 2018: £727.8m)

Group underlying profit** before tax down £4m (9% as reported;12% in constant currency) to £38.4m (H1 2018: £42.4m), of which £1.6m relates to the implementation of IFRS 16

Group profit before tax down 7% to £24.7m (H1 2018: £26.7m)

Underlying basic earnings per share 20.9p (H1 2018: 23.4p)

Basic earnings per share 12.8p (H1 2018: 13.8p)

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