The opinions expressed are their own.) LONDON (Reuters Breakingviews) - Countryside Properties’ leadership rejig may undermine its already shaky foundations. Martin joined Countryside having led a turnaround of plumbing and heating firm Ferguson. The new finance director, Tim Lawlor, joined from logistics firm Wincanton last November. After Thursday’s rout, the shares are trading at 10 times forward earnings, in line with peer Persimmon, according to Refinitiv data.

Source: The Guardian January 13, 2022 12:35 UTC