Countrywide PLC (CWD.L)
25 Apr 2017
March 9 Countrywide Plc's profit more than halved in 2016 as the largest estate agency by revenue in Britain saw a slump in demand due to higher property tax and the country's vote to leave the European Union last year.
* Non pre-emptive placing of up to 21.6 million new ordinary shares in company
* Forecasts 2016 core profit at lower end of market consensus
Nov 24 British estate agent Countrywide Plc warned for a second time this year that its 2016 core earnings would be hit by lower activity in the property market following Britain's vote to leave the European Union.
* As expected when we reported our interim results, transactional activity in residential property market has remained challenged
LONDON, Nov 23 Shares in British estate agents Foxtons and Countrywide tumbled on Wednesday after the government said it would crack down on fees imposed on tenants.