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Edge20 Mar 2026
Tetra Pak: The Shape of Innovation
The story of Tetra Pak, the Rausing family, and how a paper tetrahedron gave rise to a company that now delivers almost 180 billion packages a year.
M Winkworth
M Winkworth (WINK) investor relations material
M Winkworth H2 2025 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H2 2025 TU earnings summary14 Jan, 2026
Executive summary
Network revenues for FY25 increased by approximately 6% year-over-year, with sales revenues up 9% and lettings revenues up 2%.
Trading conditions softened in H2 FY25 due to a broader market slowdown ahead of the Autumn Budget, leading to H2 revenues being flat year-over-year.
Four new offices were opened and seven offices were resold to new franchisees during FY25, with a strong pipeline for FY26.
Financial highlights
Adjusted pre-tax profits for FY25 are expected to be approximately £2.1m, down from £2.35m in FY24 and 20% below current market expectations.
Net cash at year end is expected to be at least £3.9m, compared to £4.1m at the end of FY24.
Total ordinary dividend for FY25 declared at 13.2p per share, up 7.3% from 12.3p per share in FY24.
Outlook and guidance
Early 2026 enquiry levels are strong, with expectations that deferred transactions will progress as market confidence improves.
Easing mortgage rates in 2026 are anticipated to support improved trading conditions.
Detail the primary drivers of the 20% profit miss
What is the future strategy for equity-owned offices?
Justify the dividend increase despite profit decline
Partial view of Summaries dataset, powered by Quartr API
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Latest events from M Winkworth
- Profit up 26% on 20% revenue growth, with network expansion and strong cash position.WINK
H1 202421 Jan 2026 - Revenue up 17%, profit before tax up 10%, and record lettings with rising London market share.WINKH2 20247 Jan 2026
- Network revenue up 15% to £32m, profit before tax down 19%, and dividends up 10%.WINKH1 202516 Dec 2025
- Q2 dividend declared; H1 sales and lettings up, with profits on track to meet expectations.WINKH1 2024 TU2 Oct 2025
- Sales surged 23% in FY 2024, lifting profits and dividends, with positive 2025 outlook.WINKH2 2024 TU1 Oct 2025
- H1 2025 sales revenue up 25% year-over-year; interim dividend of 3.3p per share declared.WINKH1 2025 TU1 Oct 2025
Next M Winkworth earnings date
H2 202515 Apr, 2026
M Winkworth
Next M Winkworth earnings date
H2 202515 Apr, 2026
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