Countrywide shares plummet 28% on profit warning


Source: Shutterstock/Vectorfusionart

Countrywide shares plummeted 28% to 56.5p on Monday after the company issued a profit warning saying it expects adjusted EBITDA to be around £20m lower in the first half compared with the same period last year.

The company added it does not expect to recover the shortfall in the second half of the year. 

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