Major property franchise firm sees shares plunge as profits suffer
Winkworth experiences a drop in its share price of 8% so far this year, after its profits fell 11% in 2025.
Winkworth has seen its shares plunge 8% so far in 2026, after experiencing a profit fall of 11% last year.
The franchise group revealed profits dropped last year and revenue was flat, when it published full-year results for 2025 last week.
The firm also issued a stark warning that the year ahead was uncertain.
Sharp reversal
Chief Executive Dominic Agace said there had been “a sharp reversal” in the mortgage market due to war in the Middle East, which made it difficult to forecast results.
Profit before taxation was down to £2.11million, from £2.36million in 2024, and revenue of £10.74 million was flat on 2024. Sales revenues were 52% of total revenues, compared to 51% in2024.
And the group’s shares have now reflected the results with a drop of 8% so far this year, and more than 10% in the past six months.
Four new offices were opened in 2025, and seven franchises were resold to new operators. Last month, Winkworth snapped up Peter Clarke, a well-known independent estate agency in the Midlands.
Uncertainty
Dominic Agace said last week: “After a steady start to the year, early 2026 trading across our network has been resilient, with sales applicant registrations and agreed sales broadly in line with recent years.
“Demand remains focused on good-quality homes in well-connected and established neighbourhoods. This offers some encouragement for a busier H2 after a disappointing H2 2025,” he said.
“Geopolitical tensions, however, including ongoing instability in the Middle East and its impact on energy prices and sentiment, are likely to remain sources of uncertainty where only time will tell the impact on the UK market.”
