30 July 2020 - trading update

The UK's largest property franchise group has announced that trading in the first half of the year has been strong despite the impact of Covid-19.  Both revenues and operating profit are comfortably ahead of the same period in 2019 with pre-tax profit in line with expectations set at the start of the year before the pandemic.  Obviously, the group suffered in Q2 when its offices were closed between 25 March and 13 May, but since restrictions on the housing sector were lifted in mid-May the group has seen a sharp increase . . .

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