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Trade war, Brexit hit Savills half-year profit

Trade war, Brexit hit Savills half-year profit
FILE PHOTO: A worker puts up at Savills estate agents sign in London, Britain, April 10, 2018. REUTERS/Henry Nicholls   -   Copyright  Henry Nicholls(Reuters)
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(Reuters) – Real estate services provider Savills Plc <SVS.L> on Thursday posted lower pretax profit for the first half, as uncertainty due to the U.S.-China trade dispute and Brexit hit its earnings from Asia and the UK, respectively.

Savills said its profit before tax fell to 24.7 million pounds for the six months ended June 30, compared with 26.7 million pounds a year earlier.

(Reporting by Shashwat Awasthi in Bengaluru; Editing by Rashmi Aich)

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