UK real estate agent Countrywide sees more headwinds in 2019

FILE PHOTO: A Countrywide estate agency is seen in the West End of Glasgow, Scotland, Britain, June 25, 2018 REUTERS/Russell Cheyne - Copyright RUSSELL CHEYNE(Reuters)

By Reuters

Published on 07/03/2019 - 11:04•Updated 24/04/2024 - 00:37

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(Reuters) - British real estate agent Countrywide Plc on Thursday forecast flat full-year earnings, citing more market weakness surrounding Britain's exit from the European Union.

The company, which is experiencing further slowdown in its property transactions, expects its earnings for first half of the year to be hit by about 3 million to 5 million pounds.