Property News · January 18, 2018

UK's largest estate agent Countrywide issues profit warning


Shares plunge at owner of Bairstow Eves and Hamptons brands as number of UK property sales fall Shares in the UK’s largest estate agent, Countrywide, tumbled 18% as the group warned that profits would fall short of forecasts after a “disappointing” fourth quarter.The company, whose brands include Hamptons, Bairstow Eves and Taylors and Gascoigne-Pees, warned in November that the house sales market was challenging and would be down from 2016. It now expects full-year income to fall by 8.8%. Continue reading…

Source : theguardian.com
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