Source - SMW
M Winkworth has improved its H1 pretax profit to £0.72m, from £0.66m, on revenue rising to £2.7m, from £2.6m.

It paid and declared a total of 3.5p worth of dividends during the period, versus 3.3p in the comparative half.

CEO Dominic Agace said:

"Our investment in the rentals side of the business has continued to pay off, with revenues in H1 rising by 11% year-on-year. 

"Although uncertainty remains, we expect sales to pick up from the lows of June and July and to see growth in transactions in the country and suburban London markets. We believe that there is a significant opportunity for us to grow the franchise base by adding quality businesses and people at reasonable valuations."