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BUZZ-Savills: Sees FY results ahead of its expectations

Mon, 11th Jan 2016 09:03

** Estate agent Savills' shares up 1.6 pct, amongtop gainers on slighly weaker FTSE 250, after saying2015 results will be ahead of its expectations

** Co keeps 2016 outlook unchanged

** Numis upgrades 2015 estimates by 7% and 2016 by 1%.Smaller 2016 upgrade reflects uncertain economic outlook, butalso that a sizeable transaction in Investment Management hasbeen recognised into 2015, versus its original expectation of2016

(venkateshasoumithri.mamidipudi.thomsonreuters.com@reuters.net)

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