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RNS Number : 1804R M Winkworth Plc 16 July 2025
16 July 2025
M Winkworth plc
Dividend Declaration
and
Trading Update
M Winkworth plc ("Winkworth" or the "Company"), the leading franchisor of real
estate agencies, is pleased to announce that the Company will pay an interim
dividend of 3.3p per ordinary share for the second quarter of 2025 to
shareholders.
As anticipated, an uptick in the sales market in H1 2025 helped Winkworth
deliver a strong performance, with preliminary results showing an increase in
network sales revenue of approximately 25% on H1 2024, with a particularly
strong month of March. While Q1 2025 sales benefited from an acceleration of
activity prior to the reduction in the stamp duty exemption threshold for
first time buyers as of April 2025, interest remained buoyant in Q2 2025.
As a counterbalance to this, lettings activity was more subdued, with network
management and letting revenue up by approximately 3% over the period.
In the first half of the year the Company opened three new offices and resold
two franchises.
The Directors expect pre-tax profits for the year to 31 December 2025 to be in
line with market expectations of £2.6 million(1).
(1) Immediately prior to this announcement, analysts' consensus for the year
ending 31 December 2025 was pre-tax profits of £2.6 million.
The timetable for the payment of the ordinary dividend is as follows:
Ex-Dividend Date * 24/7/2025
Record Date ** 25/07/2025
Expected Payment Date 20/08/2025
ISIN GB00B4TT7L53
TIDM WINK
* Shares bought on or after the ex-dividend date will not qualify for the
dividend
** Shareholders must be on the Winkworth share register on this date to
receive this dividend
For further information please contact:
M Winkworth
Plc
Tel : 020 7355 0206
Dominic Agace (Chief Executive Officer)
Andrew Nicol (Chief Financial Officer)
Milbourne (Public
Relations)
Tel : 07921 881800
Charlotte McMullen
Shore Capital (NOMAD and
Broker)
Tel : 020 7408 4090
David Coaten
Henry Willcocks
George Payne
About Winkworth
Winkworth is the leading London franchisor of residential real estate agencies
with a pre-eminent position in the mid to upper segments of the sales and
lettings markets. The franchise model allows entrepreneurial real estate
professionals to provide the highest standards of service under the banner of
a long-established brand name and to benefit from the support and promotion
that Winkworth offers.
Winkworth is admitted to trading on the AIM Market of the London Stock
Exchange.
www.winkworthplc.com
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