Stock Analysis
Savills (LON:SVS) Full Year 2023 Results
Key Financial Results
- Revenue: UK£2.24b (down 2.6% from FY 2022).
- Net income: UK£40.8m (down 66% from FY 2022).
- Profit margin: 1.8% (down from 5.2% in FY 2022).
- EPS: UK£0.30 (down from UK£0.87 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Savills EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 27%.
Looking ahead, revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 3.4% decline forecast for the Real Estate industry in the United Kingdom.
Performance of the British Real Estate industry.
The company's shares are up 1.3% from a week ago.
Risk Analysis
We should say that we've discovered 3 warning signs for Savills that you should be aware of before investing here.
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About LSE:SVS
Savills
Engages in the provision of real estate services in the United Kingdom, Continental Europe, the Asia Pacific, Africa, North America, and the Middle East.
Reasonable growth potential with adequate balance sheet.