Savills plc (LON:SVS), the global real estate advisor, has announced its unaudited results for the six months ended 30 June 2026.
Summary financials
| H1 26 | H1 25 | Change | |
| Revenue | £1,225.5m | £1,127.8m | 9% |
| Underlying profit before tax[1] | £34.3m | £23.3m | 47% |
| Reported profit before tax | £7.0m | £15.8m | (56%) |
| Underlying basic earnings per share1 | 17.9p | 11.7p | 53% |
| Reported basic earnings per share | 3.3p | 6.8p | (51%) |
| Interim dividend | 7.8p | 7.4p | 5% |
| Net (debt)/cash[2] | (£42.7m) | (£16.5m) | n/m |
Key highlights
· Group revenue up 9% (same in constant currency) with year-on-year growth reported across all business segments
· Group underlying profit before tax increased 47% (49% in constant currency), including significant improvement in profitability in North America
· Reported profit and earnings were affected by one-off costs related to the acquisition of Eastdil Secured Holdings LLC (‘Eastdil Secured’)
· Acquisition of Eastdil Secured completed on 31 July 2026
· Transactional business delivered a 14% increase in revenue and a significant period-on-period improvement in first half losses, reflecting a strong performance from our Commercial Transaction Advisory business
· Less Transactional business performed well with revenue increasing by 6% and underlying profit before tax increasing 27% as previous restructuring fed through to profitability
· The Board has declared an interim dividend of 7.8p (H1 25: 7.4p) per share, up 5%
Outlook
The Group’s strong first-half performance, including the growth of our Transactional pipelines, shows good potential for the second half of the year. Continued volatility at a macro level however makes the timing of conversion of our Transactional pipeline difficult to predict. We expect our Less Transactional businesses to be resilient and to again perform well this year, supported by the breadth and diversity of the Group’s Consultancy and Property Management services. While recognising current market uncertainty, including the recent change in the UK political landscape, the Board’s expectations for the enlarged Group for 2026 are unchanged.
Commenting on the results, Simon Shaw, Group Chief Executive, said:
“I am delighted with the significant improvement in Savills performance, and for this, I thank our people for their focus on delivering sound advice and rigorous execution, and our clients for their trust. I am also delighted to welcome our new colleagues at Eastdil Secured Savills who joined us this month.
Looking forward, the enlarged Group’s pipelines are strong, and although transaction timelines are hard to predict in the current environment, I am confident that we are well positioned to deliver value to our clients, colleagues and shareholders.”
Analyst and investor presentation
A presentation for analysts and investors will be held at 9:00am today, 13 August 2026, at Savills, 33 Margaret Street, London, W1G 0JD.
A live webcast of this event is available on our corporate website at https://ir.savills.com or via the following link https://savills.zoom.us/webinar/register/WN_9LcT2cqRSIC4SfXVZbwBhw.
