Savills Reports Strong First Half Growth as Enlarged Group Prepares for Expansion
New Delhi, August 13, 2026: Global real estate advisor Savills PLC announced its unaudited financial results for the six months ended June 30, 2026, delivering a resilient performance driven by robust revenue gains across all operating segments and significant profitability improvements in North America.
The company reported a 9% increase in Group revenue to £1,225.5 million for the first half of 2026, up from £1,127.8 million recorded in the corresponding period of the previous year. Underlying profit before tax surged 47% to £34.3 million compared to £23.3 million in the first half of 2025. Underlying basic earnings per share also saw substantial growth, rising 53% to 17.9p from 11.7p. On the back of this solid operational outcome, the Board declared an interim dividend of 7.8p per share, marking a 5% increase over the 7.4p interim dividend distributed in the previous year, Savills said in a press release.
Despite the operational gains, reported financial metrics reflected the financial impact of recent corporate expansion. Reported profit before tax declined 56% to £7.0 million compared to £15.8 million in the prior period, while reported basic earnings per share dropped 51% to 3.3p from 6.8p. These figures were primarily impacted by one-off transactional and integration costs associated with the landmark acquisition of Eastdil Secured Holdings LLC, which officially completed on July 31, 2026. The Group’s net debt position stood at £42.7 million at the end of the period, shifting from a net debt of £16.5 million a year earlier.
Segmental performance demonstrated strength across core operational divisions. The Transactional business registered a 14% increase in revenue alongside a major period-on-period reduction in first-half operating losses, fueled by robust performance within Commercial Transaction Advisory. Meanwhile, the Less Transactional division performed reliably, with revenues rising 6% and underlying profit before tax climbing 27% as benefits from prior restructuring initiatives materialized.
Looking ahead, management expressed optimism regarding operational momentum while acknowledging persistent macroeconomic uncertainties and shifting geopolitical conditions, including recent changes in the UK political landscape. Strong growth in transaction pipelines provides positive indicators for the second half of the year, although the timing of deal conversions remains subject to market volatility. Nevertheless, supported by the diversity of its broader Consultancy and Property Management service lines, the Board confirmed that its overall full-year performance expectations for 2026 remain unchanged.
Commenting on the financial 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.”
Emphasizing the company’s trajectory moving forward, Shaw added: “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.”
