Savills shares fall as profits tumble 72%
The economic headwinds caused by inflation and rising interest rates were only too real for Savills PLC (LSE:SVS), which saw its profits collapse by 72% in...
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The economic headwinds caused by inflation and rising interest rates were only too real for Savills PLC (LSE:SVS), which saw its profits collapse by 72% in...
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Savills saw revenue for the six months ending 30 June slip 3 per cent to £1.01billion and the group's share price fell over 8 per cent on Thursday.
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Stocks in London were largely higher at the close on Thursday after a surprise US inflation print helped lift hopes that the US Federal Reserve's rate hiking cycle will soon be at an end. The FTSE... -Today at 11:58 am- MarketScreener