The London-based agency, which has recently started expanding outside the South East, released full-year results last week showing revenue up but profit flat.
9th Mar 20260 395 1 minute read David Callaghan
Foxtons saw a small uplift in its share price after the London agency released full-year results, but the overall trend is still firmly downwards.
Its share price is down around 3% in the last week and 6% in the last month.
The agency reported group revenue up 5% to £172.5 million last year, but operating profit only rose marginally and was rescued by lettings. Profit was £22.2 million in 2025, up slightly from £22.1 million the previous year.
Inflationary pressuresAnd it put the profit performance down to the impact of National Insurance and National Living Wage increases, and inflationary pressures.
The group has signalled an intention to continue expanding with new acquisitions. It purchased Birmingham independent lettings agent FleetMilne for £3.2 million in January in a significant step outside the South East for the first time.
Returning the sales business to profitability remains a fundamental priority for the Group.”
Guy Gittins, CEO at Foxtons, said as the results were issued: “Returning the sales business to profitability remains a fundamental priority for the Group.
“In sales, buyer activity levels continue to be held back. Our focus through 2026 is to reposition the sales business for the lower volume markets we continue to experience and support its path to profitability.
“For pent‑up demand to be released, the market will require a more stable economic and policy backdrop than in 2025, supported by further interest rate reductions.”
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