Savills PLC (CHIX:SVSl)
£ 11.18 -0.34 (-2.95%) Market Cap: 1.51 Bil Enterprise Value: 1.64 Bil PE Ratio: 38.61 PB Ratio: 2.10 GF Score: 87/100
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Half Year 2019 Savills PLC Earnings Call Transcript

Aug 08, 2019 / 08:30AM GMT
Release Date Price: £9.28 (-2.37%)
Mark Ridley
Savills plc - Group CEO, Member of the Executive Board & Director

Good morning, ladies and gentlemen, and welcome to the presentation of Savills' preliminary results for the 6 months ending 30th of June 2019. Thank you all for coming today. So much more exciting than going on your summer holidays. In the last 5 months since I updated you, you'll be aware of a number of macro and economic challenges. I will, therefore, provide you with the highlights from our results. And before we go into more detail, I'll take you through the current dynamics of the main markets in which we operate.

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Simon will then take you through the financial review, and I will finish with our management focus going forward as well as our outlook, the crystal ball is becoming ever more used.

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Okay. Highlights. In the face of the challenging market conditions that we experienced in some markets, I'm pleased to announce a resilient first half performance reflecting both the geographic diversity and also our breadth of operations.

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