Savills reveals profit fall and warns of ‘challenging’ 2023

Savills branding

Source: Shutterstock / T Schneider

Savills has posted a fall in profit to £153.9m, from £183.1m in 2021, for the year ending 31 December 2022, despite a rise in revenue.

Revenue rose 7% to £2.30bn, with the rise driven primarily by its property-management business.

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