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Winkworth outperforms with 2018 profits expected to be ahead of expectations

Dominic Agace, chief executive of estate agent M Winkworth Plc (LON:WINK), spoke to Proactive London following the release of its 2018 trading update.

Total revenues rose on the year before and is expected to be within 5% of market expectations while profits are expected to be slightly ahead of expectations of £1.4m.

''We've got a fantastically defensive model - we'll continue to trade well and progress despite it being a low transaction market with a significant potential for upside as transactions increase ... and a chance in this period to grow our footprint so we benefit to a greater extent when those transactions drop through the business''.

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