Spring general election hurts Countrywide's earnings
July 30 (Reuters) - Countrywide Plc (Other OTC: CTYWY - news) , Britain's largest estate agency by revenue, posted a 9 percent fall in first-half core earnings, as the political uncertainty in the run-up to the spring election deterred customers from finalising transactions.
Adjusted earnings before interest, tax, depreciation and amortization fell to 41 million pounds ($67 million) in the six months ended June 30, from 45 million pounds a year earlier, Countrywide said. ($1 = 0.6410 pounds) (Reporting by Esha Vaish in Bengaluru; Editing by Anupama Dwivedi)