Interim report
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M Winkworth Plc Interim Results for the six months ended 30 June 2026 Winkworth M Winkworth Plc ( " Winkworth " or the " Company " ) is pleased to announce its unaudited interim results for the six months ended 30 June 2026 . Highlights for the period : . Network revenues 1 % lower at £ 31.6 million ( H1 2025 : £ 32.0 million ) • • • • ○ Network sales revenues down by 5 % to £ 16.1 million ( H1 2025 : £ 16.9 million ) Network lettings revenues up by 3 % to £ 15.5 million ( H1 2025 : £ 15.1 million ) Network sales revenues accounted for 51 % of total network revenues ( H1 2025 : 53 % ) Winkworth revenues down by 10 % at £ 4.7 million ( H1 2025 : £ 5.20 million ) , largely due to the winding down of DCI and the deconsolidation of Crystal Palace The majority - owned offices generated revenues of £ 1.16 million and LBT of £ 0.01 million ( H1 2025 : revenues of £ 1.67 million ; PBT : £ 0.08 million ) Profit before taxation down by 5 % to £ 0.78 million ( H1 2025 : £ 0.83 million ) , after £ 0.11 million of exceptional legal costs incurred during the period Net cash generated from operating activities up by 39 % to £ 1.33m ( H1 2025 : £ 0.96m ) • Cash balance at 30 June 2026 of £ 3.73 million ( 30 June 2025 : £ 3.86 million ) ; no bank debt at either period end Changes in office network during the period to 30 June 2026 : Four new offices opened : Chipping Campden , Shipston on Stour , Stratford Upon Avon and Wellesbourne о Three offices closed : Dartmouth , Milford on Sea and Paddington о At the end of H1 2026 there were 104 offices across the UK • Ordinary dividends of 6.6p ( H1 2025 : 6.6p ) per share were declared during the period • Whilst underlying profit before exceptional costs is expected to be slightly ahead of market expectations , ongoing legal and advisory costs , which are considered exceptional in nature , are expected to result in reported profit before tax for FY 2026 being materially below market expectations . Dominic Agace , CEO of the Company , commented : “ After a very strong H1 in sales in 2025 , our year - on - year performance in H1 2026 against a more challenging background was robust . While the path of interest rates in the UK , more than ever a key determinant for the property market , is hard to read , we remain confident of our position and the further outperformance of our franchisees . " Investor presentation Dominic Agace , CEO of the Company , and Andrew Nicol , CFO of the Company , will present the Interim Results via the Investor Meet Company platform on 16 September 2026 at 10:30 BST . The presentation is open to all existing and potential shareholders who can sign up and register to participate for free at : https://www.investormeetcompany.com/m-winkworth-plc/register-investor Investors who already follow Winkworth on the Investor Meet Company platform will automatically be invited .