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Market wrap: Savills soars on Covid bounceback

FTSE 250 listed Savills has seen its value surge 7.8% after reporting record performance in a Covid bounceback.

The agent revealed revenue of almost £1bn in the first half of the year, up 18% on 2020. This is a 10% increase on pre-pandemic performance in 2019, with profit up 72% on 2019 figures.

Savills’ stock price ended the day at 1,250p, the highest level to date.

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