Foxtons Group PLC (LSE:FOXT) has reported a 3% rise in revenue for Q3 2025, reaching £49.0 million. The increase was driven largely by a strong performance in its lettings division, which helped offset weakness in the sales market caused by consumer uncertainty and the postponed Autumn Budget.
Lettings continue to serve as a stable revenue foundation for the business, bolstered by recent acquisitions that have contributed positively to results. Despite the softer sales environment, Foxtons remains confident in its medium-term outlook, supported by its acquisition strategy and operational improvements.
The company is also pushing ahead with a cost optimization program, including plans to relocate its head office, and has initiated a share buyback to enhance shareholder returns.
Financially, Foxtons benefits from steady revenue growth and solid profitability, with valuation metrics suggesting a fair P/E ratio and dividend yield. However, technical indicators point to a bearish trend, which tempers overall sentiment.
About Foxtons Group PLC
Foxtons is a leading real estate services company focused on lettings, property sales, and financial services. Known for its strong presence in the London lettings market, the company provides property management and related services, underpinned by a strategy of operational efficiency and targeted acquisitions.
Leave a Reply