Business
Final Results, AGM Notice & Electronic Comms
M Winkworth Plc reported audited results for the year ended 31 December 2025, with revenue remaining flat at £10.74 million compared to £10.79 million in 2024, while profit before taxation decreased by 11% to £2.11 million from £2.36 million. The company maintained a strong balance sheet with £3.90 million in cash and no debt, and declared a full-year dividend of 13.2p per ordinary share, a 7% increase from the prior year. Winkworth opened four new offices during the year and saw its franchised network revenue grow by 6% to £68.7 million. Disclaimer*
About this update from M Winkworth Plc
M Winkworth Plc ("Winkworth" or the "Company" or the "Group") Audited final results for the year to 31 December 2025 Notice of Annual General Meeting and Notice of Electronic Communications M Winkworth plc, the leading franchisor of real estate agencies, is pleased to announce its audited results for the year ended 31 December 2025. Highlights for the year: After a strong performance in H1 2025, performance in H2 was impacted by uncertainty ahead of the UK Government's Autumn Budget. • Revenue of £10.74 million was flat on 2024 (2024: £10.79 million). • Profit before taxation was down 11% to £2.11 million (2024: £2.36 million). • Strong balance sheet with year-end cash balance of £3.90 million (2024: £4.09 million) and with no debt. • Full year dividends of 13.2p per ordinary share declared (2024: 12.3p per ordinary share), an increase of 7% on the prior year. • Four new offices opened in the year (2024: three) and seven franchises resold to new operators. • Franchised office network revenue up 6% at £68.7 million (2024: £64.7 million). - Network sales revenue up 10% to £35.8 million (2024: £32.7 million). - Network lettings revenue up 3% to £32.9 million (2024: £32.0 million). • Sales revenues 52% of total revenues (2024: 51%). Dominic Agace, CEO of the Company, commented: "Last year was very much one of two halves, with an excellent H1 in sales being tempered by a weaker H2. Lettings remained stable, with ongoing progress in property management. While the outlook for 2026 is subject to geopolitical developments, we continue to manage the Company with the interests of our customers, franchisees and shareholders at heart. We have welcomed four new offices already in 2026 and will progress further with openings and resales as the year progresses." Investor presentation Dominic Agace, CEO, and Andrew Nicol, CFO, will ...