Savills is looking forward to higher than expected profits after benefiting from a flurry of property deals following the general election.
The estate agency group said that its annual profit would be in the upper end of the £134m to £142m range forecast by analysts.
The trading update pushed shares up 83p, or 7.2%, to £12.32. The global agent had been badly hit by the slowdown caused by the riots in Hong Kong, which, along with political uncertainty in the UK, had led to a 7% fall in first half profit to £24.7m.
It said the its annual results had been boosted by significant growth in the United States and strong performance by its investment management division.
