Savills Plc · LSE:SVS
Savills — Savills Plc Ord — H1 2026 Earnings Presentation
33 slides from Savills's earnings presentation, Aug 13, 2026
Slide 1: Results for the 6 months ended 30 June 2026
Savills Insert plc title here Results for the 6 months ended 3o June 2026 Simon Shaw Group Chief Executive Officer Nick Sanderson Group Chief Financial Officer
Slide 2: Agenda
Agenda H1 26 Overview Financial Review AGENDA Strategy Update Outlook Appendices 2
Slide 3: H1 26 Overview
H1 26 Overview 01
Slide 4: Strong H1 delivery across the business
Strong H1 delivery across the business REVENUE UNDERLYING EBITDA £73.9m £1,225.5m ▪ Strong Group H1 performance despite more £1,127.8m £56.0m challenging than anticipated market; benefits of prior restructuring coming through +9% +32% ▪ Transactional revenues up 14%, with good pipeline H1 26 OVERVIE
Slide 5: Global context: rolling 12mth Real Estate value
Global context: rolling 12mth Real Estate value GLOBAL INVESTMENT US INVESTMENT $2,000 $1,200 $1,800 The exposure Eastdil $1,600 $1,000 Secured Savills provides m.s. m.s. $1,400 $800 $1,200 USD bn, 4Q USD bn, 4Q $1,000 $600 $800 $600 $400 $400 $200 $200 $0 $0 APAC INVESTMENT EMEA INVESTMENT $1,200 $
Slide 6: Transactional revenues up 14%
Transactional revenues up 14% Commercial Transaction Advisory – revenue up 19% Residential Transaction Advisory – revenue up 3% ▪ Strong Capital Markets performance with revenue up 22% ▪ UK revenue down 9% - market transaction volumes/pricing subdued, demonstrating market share gains in ‘stop; start
Slide 7: Less Transactional revenues up 6%
Less Transactional revenues up 6% Property and Facilities Management – revenue up 7% Consistent growth in sq. ft (m) under management ▪ Growth across EMEA and APAC driven by new business wins and market share gains 2,600 ▪ Continue to strengthen capabilities and breadth of client offering 2,200 - Ac
Slide 8: Eastdil Secured Savills revenues up 30%
Eastdil Secured Savills revenues up 30% ▪ Particularly strong H1 performance with revenues up 30% to $302m (H1 25: $232m) ➢ Strength in Multi - Family and Living, Retail, and Digital Infrastructure sectors ▪ Balanced H1 revenue mix: Equity Advisory contributing 60%, Debt Advisory 40% H1 26 OVERVIEW
Slide 9: Financial Review
Financial Review 02
Slide 10: Strong growth in earnings driven by revenue increase and positive margin progression
Strong growth in earnings driven by revenue increase and positive margin progression Change in £m unless otherwise stated H1 26 H1 25 Change constant currency Revenue 1,225.5 1,127.8 +8.7% +9.5% Underlying EBITDA (1) 73.9 56.0 +32.0% FINANCIAL REVIEW Underlying profit before tax 34.3 23.3 +47.2% +48
Slide 11: Group revenue up 8.7% with growth across all business areas
Group revenue up 8.7% with growth across all business areas Revenue 4% 26% £m unless otherwise stated H1 26 H1 25 Change 40% Commercial Transaction Advisory 317.8 266.5 +19.2% 11% FINANCIAL REVIEW Residential Transaction Advisory 131.8 128.1 +2.9% 19% Total Transactional 449.6 394.6 +13.9% Commercia
Slide 12: Group UPBT up 47.2%; positive impact from previous restructuring
Group UPBT up 47.2%; positive impact from previous restructuring Underlying profit before tax UPBT and UPBT margin progression 2.8% £m unless otherwise stated H1 26 H1 25 Change Commercial Transaction Advisory (4.5) (11.9) +62.2% FINANCIAL REVIEW Residential Transaction Advisory 2.1 4.1 (48.8)% 2.1%
Slide 13: Improved performance across all regions
Improved performance across all regions Revenue Underlying profit before tax £m unless otherwise stated H1 26 H1 25 Change H1 26 H1 25 Change EMEA 687.4 650.0 +5.8% 24.8 24.7 +0.4% Margin 3.6% 3.8% Asia Pacific 371.6 344.1 +8.0% 12.4 7.1 +74.6% Margin 3.3% 2.1% FINANCIAL REVIEW North America 166.5 1
Slide 14: Strong underlying EPS growth; 5.4% dividend uplift
Strong underlying EPS growth; 5.4% dividend uplift Underlying EPS growth 17.9p £m unless otherwise stated H1 26 H1 25 Change 12.1p 11.7p Underlying profit before tax 34.3 23.3 +47.2% 9.2p FINANCIAL REVIEW - Restructuring/integration costs (7.2) (5.9) - Transaction related costs/(income) (13.5) 1.4 H
Slide 15: Combination with Eastdil – H1 pro forma
Combination with Eastdil – H1 26 pro forma H1 26 H1 26 Pro forma combination Savills Eastdil Acquisition Pro Forma ∆% to Standalone Secured adjustments Pre - Standalone ▪ Strong Eastdil H1 performance, with Standalone Synergies underlying PBT of £37.8m (pre amortisation expense of historic, one - To
Slide 16: Strong balance sheet, accretive financing activity
Strong balance sheet, accretive financing activity Group committed to maintaining strong balance sheet ▪ Low financial leverage - underpinned by Less Transactional resilient earnings ▪ Net debt/EBITDA: Ordinarily c.1x or less (at year end); Opportunistically > 1 x (e.g. to finance cash - generative
Slide 17: Strategy Update
03 Strategy Update
Slide 18: Global leader offering a full suite of Real Estate services
Global leader offering a full suite of Real Estate services Margin potential Revenue volatility Strategic Strategic Real Estate Advisory Advisory& Investment Banking &M&A M&A Acquisition & Transaction Advisory Advisory Disposal Advisory & Recaps STRATEGY UPDATE Residential Sales Leasing & GOS Debt F
Slide 19: Top strategic priorities
Top strategic priorities Establish position as Global Leader Continued growth of Less in Real Estate Investment Banking Transactional businesses ▪ Attractive premium segment of Transaction ▪ Less Transactional businesses underpin Group Advisory earnings ▪ Scale and complexity typically commands high
Slide 20: Eastdil platform highly complementary with early progress on integration
Eastdil platform highly complementary with early progress on integration ▪ Highly complementary businesses with limited overlap, reducing integration risk ✓ #1/#2 US/Global advisor on $100m+transactions ✓ Leading capability in real estate debt financing ▪ Strong cultural fit with Eastdil Secured Sav
Slide 21: Other medium term strategic priorities
Other medium term strategic priorities Systematically build leading positions in Continue development of global prime Grow Savills Investment Management key markets residential platform ▪ Scale and enhance profitability of existing ▪ Leverage market - leading prime and super ▪ Scale platform to supp
Slide 22: Outlook
04 Outlook
Slide 23: Positioned to deliver against full year expectations
Positioned to deliver against full year expectations STRONG FIRST - HALF MOMENTUM TIMING REMAINS HARD TO PREDICT The Group’s strong first - half performance, including Continued volatility at a macro level makes the timing OUTLOOK the growth of our Transactional pipelines, positions of conversion of
Slide 24: Savills - a leading global real estate advisor, with significant earnings growth potential
Savills - a leading global real estate advisor, with significant earnings growth potential Broad advisory capabilities Decentralised, global network Diversified business model OUTLOOK across prime commercial and with leading expertise and combining attractive balance of residential real estate with
Slide 25: Slide 25
Slide 26: Appendices
Appendices 05
Slide 27: HY26 Segmental performance
HY26 Segmental performance £m Commercial Residential Property Investment Consultancy Unallocated Total unless otherwise stated Transactions Transactions Management Management Revenue EMEA 113.1 122.0 171.9 235.6 44.8 - 687.4 APPENDIX - UK 68.4 80.0 129.0 181.0 20.7 - 479.1 Asia Pacific 54.5 9.8 51.0
Slide 28: HY25 Segmental performance
HY25 Segmental performance £m Commercial Residential Property Investment Consultancy Unallocated Total unless otherwise stated Transactions Transactions Management Management Revenue EMEA 100.8 120.0 162.9 225.1 41.2 - 650.0 APPENDIX - UK 60.3 87.7 127.2 170.2 18.7 - 464.1 Asia Pacific 43.8 8.1 59.0
Slide 29: Reconciliation of profit for the year to underlying EBITDA
Reconciliation of profit for the year to underlying EBITDA £m unless otherwise stated HY26 FY25 FY24 Profit for the year 5.0 73.6 52.9 Income tax 2.0 27.4 35.4 APPENDIX Reported profit before tax 7.0 101.0 88.3 Amortisation (on acquired intangible assets) 4.5 8.8 9.2 Impairment of goodwill & intangi
Slide 30: Depreciation, amortisation and net interest income
Depreciation, amortisation and net interest income £m unless otherwise stated HY26 FY25 FY24 Depreciation (ex. IFRS 16 leases) 9.8 18.1 18.4 APPENDIX Depreciation (IFRS 16 leases) 26.6 51.0 51.8 Depreciation (per income statement) 36.4 69.1 70.2 – FULL YEAR RESULTS Amortisation (of acquired intangib
Slide 31: Cash flow bridge
Cash flow bridge Total operating activities of Total financing & investing activities - £65.0m (2025 H1: - £78.4m) of - £145.4m (2025 H1: - £114.4m) APPENDIX – FULL YEAR RESULTS Prior Year £176.3 £23.3m (£135.1m) £33.4m £0.5m (£12.0m) (£25.5m) (£17.5m) (£32.1m) (£22.6m) £4.9m (£10.9m) (£16.5m) £0.8m
Slide 32: Technical Guidance
Technical Guidance Amortisation of pre - existing one - time Special Incentive Programme put in place in Eastdil SIP – exceptional P&L charge 2025, amounting to c. £30m p.a. This is a non - cash item treated as an exceptional item in the P&L, that will cease from 2030 APPENDIX All - in Group cost of
Slide 33: Disclaimer
Disclaimer The information contained in this presentation has been extracted largely from the Interim Results Announcement for the half year ended 30 June 2026 . For the purpose of this document, references to "presentation" shall be deemed to include this document, the oral briefing provided by Sav