Brief: Savills Says Trading YTD Marginally Ahead Of Board's Expectations
13/05/2026 07:29
May 13 (Reuters) - Savills PLC SVS.L: SAVILLS - TRADING YEAR TO DATE MARGINALLY AHEAD OF BOARD'S EXPECTATIONS; 2026 OUTLOOK UNCHANGED SAVILLS - Q1 DEALS AGREED UP 1% YEAR-ON-YEAR; LONDON MARKET UP 13% SAVILLS: RESIDENTIAL SALES IN MIDDLE EAST HAVE SLOWED MATERIALLY DURING CRISIS SAVILLS: MIDDLE EAST WAS ABOUT 5% OF GROUP UNDERLYING PROFIT BEFORE TAX IN FY25 SAVILLS: DUE TO ONGOING ELEVATED LEVEL OF GEOPOLITICAL UNCERTAINTY, SEE SOME EXTENSION OF TIMEFRAMES FOR CAPITAL ADVISORY DEALS SAVILLS: ASSUMING TIMELY RESOLUTION OF MIDDLE EAST CONFLICT, EXPECT STRENGTHENING IN MARKET ACTIVITY IN H2 SAVILLS: FOR RESIDENTIAL TRANSACTION ADVISORY BUSINESS, ASSUMING SOMEWHAT REDUCED TRANSACTION LEVELS TO CONTINUE IN UK SAVILLS: SEES SLOWDOWN IN SALES ACTIVITY IN MIDDLE EAST TO TEMPER PERFORMANCE OF INTERNATIONAL RESIDENTIAL BUSINESS Source text: ID:nRSM0564Ea Further company coverage: SVS.L ((Reuters.Briefs@thomsonreuters.com;))