Revenues at London agent Foxtons are down again, its latest trading statement has revealed. Results for its third quarter of trading this year ending September 31st reveal that revenues were down by…
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Why Foxtons’ results are even worse than its competitors
Proptech consultant James Dearsley (pictured, below) says Foxtons’ results revealed recently in its half-year results has been created by the legacy of its once might CRM system called BOS. The results, which…
Read MoreFoxtons reports profits down by 45% year-on-year
Foxtons has reported a dismal performance during 2016 including total group revenue down by 11% from £150m in 2015 to £133m, and profits for the year likely to be down by 45%…
Read MoreWho are the best paid CEOs in property?
In April this year it was revealed that Foxtons CEO Nic Budden had been awarded a 19% pay rise which is likely to boost his salary to £2.3 million for 2016, up…
Read MoreLondon’s tough sales market squeezes Foxtons revenues
Tough conditions in the London market have driven down sales revenues at Foxtons by over a third during the past three months, its latest trading update has revealed. Total revenues at the…
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