Countrywide profits fall but expects growth in 2016
LONDON, Feb 25 (Reuters) - Countrywide (Other OTC: CTYWY - news) reported a 16-percent fall in 2015 pre-tax profit as Britain's largest estate agency by revenue said it struggled to maintain its share of sales outside of London.
Reporting the 85.8-million-pound ($119.40 million) profit, the company said the foundations were in place for growth in 2016 and maintained its financial outlook.
($1 = 0.7186 pounds) (Reporting by Costas Pitas; editing by Jason Neely)