Countrywide maintains its 2016 interim dividend

DividendMax Ltd.

Countrywide maintains its 2016 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

·    Interim dividend maintained

·    Completed share buy-backs produced additional £17 million return to shareholders for H1 2016

·    Robust balance sheet and financial position

Companies mentioned