savills plc said wednesday that it expects underlying pretax profit for 2021 to be significantly ahead of the upper end of the boards expectations following a strong final business period the international realestate advisor said that since november it has experienced extraordinarily strong performance particularly in the uk and asia pacific regions along with improved performances elsewhere which have more than eliminated 2020s pandemicdriven losses the company said it has also benefited from substantially lower levels of discretionary expenditure for travel entertaining and marketing events together with an improved performance it expects to exceed its previous profit expectations savills didnt provide a figure for its expectations however it said in november that it expects to achieve profits materially ahead of 2019 when it posted an underlying pretax profit of 1434 million pounds 1955 million the company said its expectations for 2022 remain unchanged at this stage but added inflationary pressures in many markets will result in employment costs increasing at the highest rate for years and it expects discretionary costs will progressively normalize shares at 0810 gmt were up 330 pence or 25 at 1353 pence