Winkworth shares plunge after profit warning on weak housing sales
12th Jul 2023 08:16
(Sharecast News) - Shares in UK estate agent Winkworth plunged on Wednesday as the company issued a profit warning due to a slump in house sales.
Read moreM Winkworth ends 2022 in line with expectations
19th Apr 2023 13:40
(Sharecast News) - Real estate franchisor M Winkworth reported a 2022 financial performance in line with management expectations on Wednesday, although it was below the exceptional levels seen in 2021.
Read moreWinkworth confident despite mini-budget speedbump
22nd Nov 2022 15:37
(Sharecast News) - Estate agency franchisor M Winkworth said in a trading update on Tuesday that market conditions remained "strong" in the third quarter, with network sales up 38% year-on-year.
Read moreM Winkworth trades in line with expectations in H1
7th Sep 2022 08:32
(Sharecast News) - Estate agent M Winkworth said on Wednesday that its interim performance was in line with expectations, showing "good progress" against 2019's pre-Covid comparator but coming in weaker than 2021's "extraordinary" first-half showing.
Read moreHealthy market sees revenue, profit growth for Winkworth
12th Apr 2022 11:23
(Sharecast News) - Estate agent franchise group M Winkworth reported a 36% improvement in franchised office network revenue in its final results on Tuesday, to £64.8m.
Read moreWinkworth sees annual revenue, profit 'modestly' ahead of market views
15th Jan 2020 11:10
(Sharecast News) - Winkworth said on Wednesday that full-year revenue and profits are set to be "modestly" ahead of market expectations.
Read moreM Winkworth's rental business boosts profits amid challenging conditions
3rd Apr 2019 11:24
(Sharecast News) - M Winkworth's shares jumped on Wednesday after the company reported that a strong performance from its rental business resulted in profit and revenue growth, despite a 4% decline in overall sales transactions and a 6% drop in sales in London amid stretched affordability, uncertainty around Brexit and continued declines in property prices.
Read moreWinkworth sees FY profit 'slightly ahead' despite challenging market
16th Jan 2019 09:27
(Sharecast News) - AIM-listed estate agent Winkworth reported a rise in full-year total revenue on Wednesday and said full-year profit should be "slightly ahead" of 2017 despite a challenging market.
Read moreWinkworth profit and revenue rise, on track for full year
12th Sep 2018 09:42
(Sharecast News) - AIM-listed estate agency M Winkworth reported a rise in interim profit and revenue on Wednesday as it opened four new offices and said full-year results should be in line with management's expectations.
Read moreInfrastructure spending good for housebuilders, contractors, bad for letting agents
24th Nov 2016 15:58
(ShareCast News) - Funding outlined in the Autumn Statement could be good for alternative housing providers, contractors, but potentially problematic for mainstream housebuilders, and bad for letting agents, according to broker Stockdale. In the mini-budget on Wednesday, Chancellor Philip Hammond sa
Read moreWinkworth issues profit warning amid slowing activity
10th Nov 2016 15:54
(ShareCast News) - In trading update for July to November, real estate franchisor M Winkworth cautioned that full-year sales and profits are likely to be slightly below market expectations due to a slower-than-anticipated level of activity over the autumn. Winkworth had said at the time of its inter
Read moreWinkworth appoints Andrew Nicol as CFO
17th Oct 2016 12:55
(ShareCast News) - Real estate franchisor M Winkworth has announced the appointment of Andrew Nicol as chief financial officer with immediate effect. A qualified chartered accountant, Nicol has worked in the corporate sector and in consultancy, notably with The Boston Consultancy Group and most rece
Read moreChris Neoh to hang up his Winkworth boots
28th Sep 2016 14:26
(ShareCast News) - Real estate agency franchisor M Winkworth announced on Wednesday that its finance director Chris Neoh has notified the Board of his intention to pursue his own business interests. The board of the AIM-traded firm said it has agreed that Neoh will step down from the board, and as a
Read moreWinkworth's revenue rises in run-up to EU ref but followed by low sales
13th Sep 2016 08:29
(ShareCast News) - Estate agent M Winkworth's half-year revenues increased in the run-up to the European Union referendum, while it expects trading to pick up from the lows hit in June and July due to economic uncertainty following the result. Revenue was up 6.7% to £2.75m for the six months ended 3
Read moreProperty market helps Winkworth pass 100-office mark
4th Feb 2016 15:13
(ShareCast News) - The UK's relatively buoyant property market made for a good start to the year at M Winkworth on Thursday, with the AIM-traded real estate franchisor passing the 100-office mark. Winkworth reported it was opening new offices in the first quarter in Colindale, Potters Bar and Milfor
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