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M Winkworth (WINK) H1 2024 TU earnings summary

Event summary combining transcript, slides, and related documents.

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H1 2024 TU earnings summary

2 Oct, 2025

Executive summary

  • Announced a 3p per share dividend for Q2 2024, with payment scheduled for August 14, 2024.

  • H1 2024 sales agreed were 19% higher year-over-year, with many completions expected in H2 2024.

  • Opened three new offices and resold four franchises in H1 2024.

Financial highlights

  • Preliminary H1 2024 network sales rose approximately 8% compared to H1 2023.

  • H1 2024 network lettings increased by about 4% year-over-year.

  • Pre-tax profit for 2024 is expected to be in line with market expectations of £2.4 million.

Outlook and guidance

  • Directors anticipate full-year pre-tax profits to meet market expectations.

  • Many H1 2024 sales are expected to complete in H2 2024 due to extended transaction times.

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