Sav­ills’ earn­ings plunge as lock­down bat­ters sales

The Daily Telegraph - Business - - Business -

Es­tate agent Sav­ills’ prof­its fell 69pc to £7.7m for the six months to the end of June as Covid-19 took its toll. Rev­enues fell 7pc to £791.4m as hous­ing mar­kets around the world closed, with the stark­est fall in the US, which fell 20pc to £105.5m. UK res­i­den­tial mar­ket rev­enue fell 8pc, with a re­cov­ery in June mak­ing up for an ear­lier slump.

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