Savills plc, listed as SVS.L, recorded a pre-tax profit of £55.4 million in 2023, a sharp drop from the £153.9 million profit it garnered last year. This represents a 65% decrease in earnings per share, from 82.2 pence to 28.8 pence. The company's underlying pre-tax profit was £94.8 million, marking a 42% decline. Against this backdrop, the underlying earnings per share fell by 41%, from 89.8 pence to 52.9 pence.
For the fiscal year ending on 31st December 2023, the company's revenue stood at £2.24 billion, 3% lower than the previous year.
In terms of dividends, an interim dividend of 6.9 pence per share was disbursed on 2nd October 2023. Consequently, the company is proposing a final ordinary dividend of 13.9 pence per share. If approved, the total ordinary dividend payout for the year will come to 20.8 pence per share.
