Transcription of Countrywide plc
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Countrywide plc
Countrywide plc Condensed Consolidated interim Financial Report for the six months ended 30 June 2016. Investment drives strong operational performance in uncertain markets 28 July 2016: Countrywide plc (LSE: CWD), the UK's largest integrated property services group, announces its results for the six months ended 30 June 2016. FINANCIAL HIGHLIGHTS. Six months ended 30 June (unaudited). 2016 2015 Variance '000 '000 %. Total income 370,256 338,582 +9. Adjusted EBITDA* 37,859 41,028 -8. Operating profit before exceptional items, amortisation, employment-linked contingent consideration and share-based payments 25,836 31,762 -19. Operating profit 28,325 16,176 +75. Adjusted profit before taxation** 21,796 28,904 -25. Basic earnings per share +113. Adjusted basic earnings per share** -22. interim dividend Revenue growth across all business units helped by market share gains H1 2016 profits impacted by investment to underpin future growth with market slowdown evident in May/June 2016 in the run up to the EU referendum Geographic spread and breadth of services provide resilience in current market environments Exceptional gain of 13 million on part disposal of Zoopla Property Group plc shares in H1 2016.
Countrywide plc Condensed Consolidated Interim Financial Report For the six months ended 30 June 2016 Investment drives strong operational performance in uncertain ...
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