Last checked at 25 May 2022 10:04
25 May 2022
M Winkworth plc
Results of Annual General Meeting
Directors of M Winkworth Plc ("Winkworth" or the "Company") are pleased to announce that all the resolutions proposed at the Company's annual general meeting held yesterday were approved by shareholders.
At the AGM, Dominic Agace, CEO of Winkworth, made the following comment:
"Revenues in the first quarter of the year were in line with management expectations, with both sales and rentals performing well. Applications for sales and lettings in the second quarter are, to-date, above expected levels and business is robust. Our new franchising pipeline is in very good shape and our wholly-owned offices continue to make solid progress. While the outlook for the property market in 2022 as a whole will depend on how rising interest rates impact on demand, we expect the current financial year to be significantly up on 2019, our last year of "normalised" trading. It may, however, be difficult to exceed the record levels achieved in 2021."
For further information please contact:
M Winkworth Plc Tel : 020 7355 0206
Dominic Agace (Chief Executive Officer)
Andrew Nicol (Chief Financial Officer)
Milbourne (Public Relations) Tel : 07903 802545
Tim Draper
Shore Capital (NOMAD and Broker) Tel : 020 7408 4090
Robert Finlay
David Coaten
Henry Willcocks
About Winkworth
Winkworth is the leading London franchisor of residential real estate agencies with a pre-eminent position in the mid to upper segments of the sales and lettings markets. The franchise model allows entrepreneurial real estate professionals to provide the highest standards of service under the banner of a long-established brand name and to benefit from the support and promotion that Winkworth offers.
Winkworth is admitted to trading on the AIM Market of the London Stock Exchange.
For further information please visit: www.winkworthplc.com