Struggling estate agency Countrywide has warned that Brexit will knock its performance over the coming months as the firm posted widening full-year losses. Struggling estate agency Countrywide has warned that Brexit will knock its performance over the coming months as the firm posted widening full-year losses. The group – which is behind the Bairstow Eves and Hamptons brands – reported a bottom line loss of £218.2 million in 2018 compared to £207.3 million of losses the prior year. Income for the year also tumbled 7% to £627.1 million and adjusted earnings came in 50% down at £32.7 million. Boss Peter Long said: “We encountered market weakness in quarter four due to the further uncertainties surrounding Brexit which is affecting both our sector and consumer confidence as a whole.
Source: Irish Independent March 07, 2019 08:03 UTC