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October 09, 2015 7:36 AM ET

Real Estate Management and Development

Company Overview of Countrywide Group plc

Company Overview

Countrywide Group plc, an investment holding company, provides residential property market services in the United Kingdom. It engages in the provision of residential estate agency, London and premier residential estate agency, residential lettings and property management, financial, surveying, conveyancing, and commercial property consultancy and advisory services. The company was incorporated in 2003 and is based in Chelmsford, United Kingdom. Countrywide Group plc operates as a subsidiary of Countrywide plc.

County House

100 New London Road

Chelmsford,  CM2 ORG

United Kingdom

Founded in 2003

203 Employees

Key Executives for Countrywide Group plc

Countrywide Group plc does not have any Key Executives recorded.

Countrywide Group plc Key Developments

Countrywide Appoints Johnny Morris as New Research Director

Countrywide has appointed Johnny Morris to head a new central research team which will work across the Countrywide group. Morris was previously head of research at Hamptons International. He will take on the new research director role with immediate effect.

Countrywide plc Reports Un-Audited Consolidated Earnings Results for the Six Months Ended June 30, 2015

Countrywide plc reported un-audited consolidated earnings results for the six months ended June 30, 2015. For the six months, the company reported revenue of £328,787,000 compared to £326,352,000, operating profit before exceptional items of £20,632,000 compared to £25,783,000, operating profit of £16,176,000 compared to £41,644,000, profit before taxation of £13,318,000 compared to £38,966,000, profit attributable to owners of the parent of £9,894,000 or 4.52 pence per diluted share compared to £32,923,000 or 14.58 pence per diluted share, net cash outflow from operating activities of £1,863,000 compared to net cash inflow from operating activities of £19,161,000 and purchase of property, plant and equipment of £6,709,000 compared to £7,393,000 for the last year. Net debt at June 30, 2015, was £179.9 million. Adjusted EBITDA was £41.0 million compared to £45.0 million in last year. Adjusted basic earnings per share were 10.3 pence per share against 12.6 pence per share for the same period a year ago.

Countrywide plc, H1 2015 Earnings Call, Jul 30, 2015

Countrywide plc, H1 2015 Earnings Call, Jul 30, 2015

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