London-based estate agency Foxtons reported a 24% increase in pre-tax profit to £7.5 million in H1 2022, with revenue rising 11% to £78.5 million.
London-based estate agency Foxtons reported a 24% increase in pre-tax profit to £7.5 million in the first half of 2022, with revenue rising 11% to £78.5 million. The firm's lettings revenue grew 5% to £52.4 million, while sales from house purchases jumped by 28% to £21.6 million. The agency's CEO, Guy Gittins, attributed the strong performance to market outperformance, increased market share, and the acquisitions made in 2022.
July 30, 2024
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