Countrywide Group plc provides estate agency and financial services to corporate clients in the United Kingdom. It offers surveying services, including valuation panel management services, residential valuations, and surveys for mortgage lenders; conveyancing services, such as sale and purchase (freehold and leasehold), remortgage, and separate legal representation; and residential property asset management services comprising repossession asset management, part exchange sales, corporate property sales, and in-house maintenance services. The company also provides providing leasehold and estate management services, and relocation services; and operates a land and new homes agency that offers ...
Witham, CM8 3SX
Founded in 1986
Countrywide Group plc Announces Consolidated Unaudited Earnings Results for the First Half Ended June 30, 2014; Recommends Interim Dividend for 2014 and Declares Special Dividend, Payable on September 15, 2014
Jul 31 14
Countrywide Group plc announced consolidated unaudited earnings results for the first half ended June 30, 2014. For the period, the company reported revenues of £326,352,000 compared with £252,291,000 for the same period a year ago. Operating profit was £41,644,000 compared with £12,828,000 for the same period a year ago. Profit before tax was £38,966,000 compared with loss before tax of £1,424,000 for the same period a year ago. Profit attributable to owners of the parent was £32,923,000 or 14.58 pence per diluted share compared with loss attributable to owners of the parent of £138,000 or 0.07 pence per diluted share for the same period a year ago. Net cash inflow from operating activities was £19,161,000 compared with net cash outflow from operating activities of £17,352,000 for the same period a year ago. Purchase of property, plant and equipments was £7,393,000 compared with £4,769,000 for the same period a year ago. Purchase of intangible assets was £2,624,000 compared with £2,426,000 for the same period a year ago. Adjusted EBITDA was £45,015,000 compared with £26,435,000 for the same period a year ago. Adjusted earnings net of tax was £27,710,000 or 12.27 pence per diluted share compared with £10,006,000 or 5.26 pence per diluted share for the same period a year ago. Net debt at the period end was £74.1 million.
The board of directors has recommended an interim dividend of 5.0 pence (net) per share and special dividend of 9.0 pence (net) per share to be paid on September 15, 2014 to shareholders on the register at August 15, 2014.
Countrywide Group plc Announces Special Dividend, Payable September 15, 2014
Jun 26 14
Countrywide Group plc announced that following the recent sale of Zoopla Property Group PLC ordinary shares by Countywide in the Zoopla IPO, Countrywide will pay a special dividend of £20 million to return the cash proceeds to shareholders. The Board has therefore recommended a special dividend of 9.0 pence (net) per share. This will be paid along with the interim dividend for 2014 which is planned to be paid on 15 September 2014 to shareholders on the register at 15 August 2014.
Countrywide Group plc Reports Interim Management Results for the Period Up to May 5, 2014
May 6 14
Countrywide Group plc reported interim management results for the period up to May 5, 2014. For the period, the company reported total income of £157.1 million, a 35% increased compared to for the same period previous year. The strong momentum evident in the later stages of 2013 continued into first quarter 2014 with very strong growth in revenues and profits achieved across all parts of the Group.