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Foxtons Group PLC Ords 1P (FOXT)

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10-Mar-2021 09:19 AM

Foxtons sees improving performance in 2021 after narrowing annual loss on H2 recovery

Foxtons said improving performance had continued in 2021 after the London real estate agent narrowed annual losses as improving second-half performance largely offset the first-half impact of temporary branch closures owing to the spring Covid-19 lockdown
11-Dec-2020 09:49 AM

Foxtons launches buyback programme of up to £3m shares; lifts guidance on profit

London estate agency group Foxtons launched a share buyback programme to purchase up to £3 million of its shares and lifted its guidance on profit following cost cuts and an improvement in revenue. The company said it now expected adjusted operati
29-Oct-2020 09:33 AM

Foxtons lettings, sales revenue fall in Q3

London estate agency Foxtons reported a fall in revenue in the third quarter of the year as lettings and sales fell. Lettings revenue for the third quarter was down 8% to £19.5 million year-on-year as average revenue per tenancy fell amid fewer hi
28-Jul-2020 09:14 AM

Foxtons losses widen on pandemic-led slump in sales, lettings income

Real estate agent Foxtons reported a wider half-yearly loss as government measures to control the spread of the coronavirus had a 'significant impact' on performance. For the half year ended 30 June 2020, pre-tax losses widened to £4.3m
26-May-2020 07:19 AM

Foxtons to begin re-opening branches this week; commissions slump 44%

Real estate agency Foxtons said it would be begin re-opening its branches over the course of this week, with all of them expected to open by 1 June. The company also reported a slump in commissions as lockdown measures weighed on growth. In the eigh
17-Apr-2020 07:42 AM

Foxtons revenue falls 3% in first quarter, launches £22m equity raising

Real estate agency Foxtons reported a fall in quarterly revenue on lower lettings activity pinned on UK government Covid-19 lockdown measures, and said it would raise £22m from a share issue. Revenue for the first quarter fell 3% on-year to £
28-Feb-2020 09:10 AM

Foxtons slashes losses as cost cuts offset weaker revenue

London estate agent Foxtons nearly halved annual losses as cost cuts offset weaker revenue amid an ongoing decline in sales. For the year ended 31 December, pre-tax losses reduced to £8.8m from £17.2m on-year even as revenue fell 4% to &poun
31-Oct-2019 09:53 AM

Foxtons revenue falls in Q3, hurt by Brexit uncertainty, tenant fee ban

Foxtons reported lower revenue in the third quarter, pressured by the tenant fee ban and ongoing political uncertainty that continued to weigh on volumes and prices in the London residential sales market. Revenue for the third quarter was down 7% to &po
26-Jul-2019 08:23 AM

Foxtons losses widen amid ongoing gloom in London property market

London Estate Agent Foxtons Group reported wider half-yearly losses on lower revenue in its sales business amid ongoing weakness of the London market. The company also said that it expects conditions to remain challenging. For the half year ended 30 Ju
20-May-2019 09:02 AM

Foxtons revenues decline on 'record' low sales amid 'very challenging' London property market; CFO t

Estate agency group Foxtons said first-quarter revenue fell amid 'record' low sales as conditions in the London property market remained 'very challenging.' The company also announced that its CFO Mark Berry agreed, by mutual conse
05-Apr-2019 09:40 AM

Broker Forecast - Berenberg issues a broker note on Foxtons Group PLC

Berenberg today upgrades its investment rating on Foxtons Group PLC (LON:FOXT) to hold (from sell) and raised its price target to 60p (from 50p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
28-Feb-2019 07:55 AM

Foxtons abandons dividend after swinging to loss; warns struggles to continue in 2019

Estate agency group Foxtons abandon its dividend after swinging to a loss Thursday as lettings performance was offset by ongoing decline in house prices across in London amid Brexit uncertainty. The company warned the challenging trading conditions was ex
31-Jan-2019 09:00 AM

Foxtons cuts earnings outlook as 2018 proved 'toughest' year in London market

Estate agency group Foxtons on Thursday cut its outlook earnings growth and as it grappled with an ongoing reduction in house prices across in London. The company flagged a £16m asset write down owing to branch closures and falling house prices. A
13-Nov-2018 09:36 AM

Foxtons reports flat revenue growth in Q3 amid 'challenging' market

Estate agency group Foxtons reported Tuesday flat third-quarter revenue growth compared with the previous quarter owing to a 'challenging' market amid an ongoing reduction in house prices across London. For the three months ended 30 September,
30-Jul-2018 08:40 AM

Broker Forecast - Peel Hunt issues a broker note on Foxtons Group PLC

Peel Hunt today reaffirms its sell investment rating on Foxtons Group PLC (LON:FOXT) and cut its price target to 40p (from 60p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
30-Jul-2018 08:27 AM

Foxtons swings to loss in H1 as London housing market slowdown continues

Real estate agency Foxtons said Monday it swung to a first-half pre-tax loss as a slowdown in London's housing market weighed on performance. In the six months to 30 June, the company reported a pre-tax loss of £2.5m compared with a profit of
21-May-2018 09:40 AM

Broker Forecast - Citigroup issues a broker note on Foxtons Group PLC

Citigroup today reaffirms its neutral investment rating on Foxtons Group PLC (LON:FOXT) and cut its price target to 75p (from 80p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
17-May-2018 10:12 AM

Foxtons revenue falls in 'very challenging' London property market

Real estate agents Foxtons reported that first quarter revenue fell 15% to £24.5m from the same period last year, amid 'very challenging' conditions in the London property market. In the first quarter of 2018, group revenue fell to £
19-Apr-2018 10:00 AM

Broker Forecast - Peel Hunt issues a broker note on Foxtons Group PLC

Peel Hunt today reaffirms its sell investment rating on Foxtons Group PLC (LON:FOXT) and raised its price target to 60p (from 55p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
20-Mar-2018 11:00 AM

Broker Forecast - Barclays Capital issues a broker note on Foxtons Group PLC

Barclays Capital today reaffirms its underweight investment rating on Foxtons Group PLC (LON:FOXT) and cut its price target to 52p (from 66p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
02-Mar-2018 02:30 PM

Broker Forecast - Peel Hunt issues a broker note on Foxtons Group PLC

Peel Hunt today reaffirms its sell investment rating on Foxtons Group PLC (LON:FOXT) and cut its price target to 55p (from 60p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
01-Mar-2018 09:20 AM

Broker Forecast - Citigroup issues a broker note on Foxtons Group PLC

Citigroup today reaffirms its neutral investment rating on Foxtons Group PLC (LON:FOXT) and set its price target at 80p. Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
28-Feb-2018 08:17 AM

Foxtons pretax profit falls 65% amid challenging London sales market

Foxtons reported profit before tax fell 65% to £6.5m, as the London sales market continued to be weighed down by the impact of stamp duty tax changes. Revenues fell 11% to £117.6m in the year to the end of December, from £132.7m the p
31-Oct-2017 12:10 PM

Broker Forecast - Citigroup issues a broker note on Foxtons Group PLC

Citigroup today reaffirms its neutral investment rating on Foxtons Group PLC (LON:FOXT) and set its price target at 85p. Story provided by StockMarketWire.com...
18-Oct-2017 08:35 AM

Foxtons resilient in challenging conditions

Revenues at London estate Foxtons fell to £35.1m in the three months to the end of September - down from £37.5m last time but in line with the board's expectations. Total revenue for the first nine months of the year fell to £93

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