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FOXT — Foxtons News Story

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Foxtons Group's 2025 revenue slightly beats view helped by acquisitions in commuter markets

Overview

UK real estate agency's 2025 revenue grew 5%, slightly beating analyst expectations

Adjusted operating profit for 2025 beat analyst expectations

Company's profit before tax decreased by 3%

Outlook

Foxtons expects lettings to remain resilient, providing non-cyclical and recurring income

Renters Rights Act may create growth opportunities by increasing demand for quality agents

Sales market remains challenging; focus on repositioning sales business for lower volume conditions

Result Drivers

LETTINGS GROWTH - Revenue from Lettings increased by 5%, supported by acquisitions and growth in property management services

FINANCIAL SERVICES - Financial Services revenue rose 10%, driven by operational upgrades and a stronger refinance pipeline

COST PRESSURES - Adjusted operating profit was flat as revenue growth was offset by increased costs, including National Insurance and National Living Wage increases

Company press release: ID:nRSE3950Va

Key Details

MetricBeat/MissActualConsensus Estimate
FY RevenueSlight Beat*GBP 172.50 mlnGBP 172.03 mln (5 Analysts)
FY Adjusted Operating ProfitBeatGBP 22.20 mlnGBP 21.84 mln (4 Analysts)
FY DividendGBP 0.01
FY Pretax ProfitGBP 16.90 mln
*Applies to a deviation of less than 1%; not applicable for per-share numbers. Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell" The average consensus recommendation for the real estate rental, development & operations peer group is "buy" Wall Street's median 12-month price target for Foxtons Group PLC is GBp74.00, about 60.3% above its March 4 closing price of GBp46.15 The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 9 three months ago For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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