Foxtons Group plc (GB:FOXT) has released an update.
Foxtons Group plc reports a robust start to 2024 with a 9% revenue increase to £35.7 million in Q1, driven by growth across all business areas including Lettings, Sales, and Financial Services. The company has experienced a significant rise in market share within Sales, and with the highest Sales under-offer pipeline since Brexit in 2016, anticipates continued revenue growth. CEO Guy Gittins highlights Foxtons’ regained leadership in the London market and the company’s focus on converting property listings to transactions.
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