Foxtons Group PLC (LSE:FOX) said on Thursday it expects to deliver both revenue and profit growth in 2026, even though it has entered the new financial year with a weaker sales pipeline than at the same point last year.
The London-based estate agency reported total revenue of around £172 million for the 2025 financial year, alongside adjusted operating profit of approximately £22 million.
In an unaudited year-end trading update, Foxtons cautioned that sales revenues in the first quarter of 2026 are likely to fall short of those achieved in the corresponding period of 2025. The group attributed this to a lower level of properties under offer at the start of the year.
That said, the company expects its lettings division to remain robust throughout 2026, which management believes could help offset some of the softness in the sales segment.
Foxtons also disclosed that it has completed an acquisition as part of the trading update, although no further details on the transaction were provided.
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