Countrywide shares plummet 28% on profit warning

2018-06-25T17:07:00

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.

This is premium content

You must be logged in to view premium stories.

Subscribe for full access

Take out a print and online or online only subscription and you will get immediate access to:

Breaking industry news as it happens
Expert analysis and comment from industry leaders
Unlimited access to all stories, including premium content
Full access to all our online archive

To get access to premium content subscribe today

Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts

If you are already a registered user or a subscriber you can SIGN IN now