STAY CONNECTED!
    
newsletter-button
KEYWORD "Trading Statement" - 107 RESULTS
Countrywide not in a rush to get a new chief executive

Countrywide is in no rush to appoint a new chief executive, following the experience of having Alison Platt in the post...

10 May 2018

From: Breaking News

OnTheMarket says it now has 7,500 branches on board

OnTheMarket says it has now struck listing agreements with 7,500 agency branches, adding over 2,000 branches since floating on the London stock...

02 May 2018

From: Breaking News

Countywide 'encouraged by early progress' despite new income fall

Countrywide, the troubled agency group which today holds its annual general meeting, says it is “encouraged by the early progress that...

25 April 2018

From: Breaking News

Hunters says recent franchisees have ‘beaten the market’

Franchise giant Hunters says independent agencies which joined the firm in recent years have typically beaten the performance of the housing market. Chief...

13 April 2018

From: Breaking News

EweMove in profit as Property Franchise Group reports strong figures

The Property Franchise Group has this morning reported strong figures for 2017 with news that its hybrid brand EweMove traded profitably...

10 April 2018

From: Breaking News

Franchise model well-suited to challenging market, says leading agency

Winkworth, the agency which released its 2017 results this morning, says the franchise business model it supports is more resilient than others...

28 March 2018

From: Breaking News

Purplebricks begins search for lifetime relationship with customers

Purplebricks has given details of how it intends to use some of its new investment, and in particular is spelling out...

27 March 2018

From: Breaking News

Rightmove may have to extract more revenue from agents, claims analyst

One of the leading PropTech analysts says Rightmove’s huge success means that it has two difficult choices ahead if it is...

16 March 2018

From: Breaking News

Savills reveals its highly resilient UK residential performance in 2017

Savills has reported good figures for 2017 although most of its strongest performance was outside the world of residential property. In a...

15 March 2018

From: Breaking News

Countrywide's own broker cuts agency’s forecast for 2018 and 2019

Jefferies - the City consultancy which has in the past worked with Countrywide - has cuts its forecasts for the troubled...

09 March 2018

From: Breaking News

Foxtons profits and sales drop - but much better figures from Connells

Foxtons has reported its 2017 figures to shareholders and the City this morning and as expected they show sharp falls in...

28 February 2018

From: Breaking News

Analysts anticipate disappointing figures from Foxtons tomorrow

Industry and financial analysts are preparing for what may well be another round of difficult trading figures from London agency Foxtons. Tomorrow...

27 February 2018

From: Breaking News

OnTheMarket announces 243 new listings agreements in past 10 days

In an unexpected trading statement this morning, OnTheMarket says it has signed 243 new listing agreements within its first 10 days...

23 February 2018

From: Breaking News

Rightmove: another massive leap in revenue thanks to agents' fees

Rightmove has reported another very large leap in revenue in 2017 and a modest rise in agency and new home customers...

23 February 2018

From: Breaking News

Share price bounce reverses OnTheMarket’s post-float losses

OnTheMarket’s share price starts the week at almost exactly the same level as it was floated after a significant bounce-back on...

19 February 2018

From: Breaking News

Countrywide's earnings could be lower than expected, warns Jefferies

City broker Jefferies is warning that Countrywide’s earnings as calculated through the EBITDA measure could drop to as little as £50m -...

15 February 2018

From: Breaking News

Countrywide amends credit facility with lenders to help turn business around

Countrywide has made a brief announcement to shareholders about amending its credit facility with lenders to help it turn the business...

05 February 2018

From: Breaking News

Countrywide: share price plunges again as some bonuses scrapped

Alison Platt may have been ousted but Countrywide appears not to be out of the woods yet as its share price...

01 February 2018

From: Breaking News

LSL diversifies from agency work with £5.4m mortgage firm acquisition

LSL Property Services is beefing up the mortgage arm of its activities.  It has acquired the mortgage adviser network Personal Touch in...

01 February 2018

From: Breaking News

Property Franchise Group upbeat after reversing most EweMove losses

The Property Franchise Group’s trading statement this morning reveals a huge 23 per cent rise in revenue for 2017 - £10.2m...

31 January 2018

From: Breaking News

ZPG reports 53m average monthly visits to websites and apps

ZPG says it anticipates a strong 2018 according to a trading statement ahead of the company’s annual general meeting today. The firm...

30 January 2018

From: Breaking News

Foxtons reports big drop in profits and revenue with sales down sharply

Foxtons has this morning given details of a sharp fall in both profits and revenue, wirth sales significantly falling away and...

25 January 2018

From: Breaking News

Platt goes - but Countrywide silent on size of her 'golden goodbye'

There was confirmation this morning, as expected, that Countrywide chief executive Alison Platt has quit - but so far there is no...

24 January 2018

From: Breaking News

Mortgage Advice Bureau enjoys good trading despite flat market

Mortgage Advice Bureau has batted off the flat housing market by reporting good figures for 2017. Revenue for the year increased by...

23 January 2018

From: Breaking News

Confidential Countrywide memo warns of 'challenging reaction' to figures

The Countrywide chief executive, Alison Platt, is said to have warned staff that the reaction from the markets and shareholders to...

22 January 2018

From: Breaking News

Connells shows Countrywide how to increase market share

Connells Group’s estate agency business increased its market share of new instructions in 2017 by almost four per cent, despite a...

19 January 2018

From: Breaking News

Countrywide: latest poor figures show 2017 agency income set to be 14% down

A trading statement from Countrywide this morning continues the decline shown by the agency group in recent years. It says total income...

18 January 2018

From: Breaking News

Purplebricks: revenue soars as agency claims 74% of online sector

Purplebricks’ latest trading statement for the six months ending October 31 claims a large rise in revenue, its number of UK...

13 December 2017

From: Breaking News

Purplebricks: is it about to increase its share of the online market?

Financial analysts over the weekend have been giving their view on Purplebricks, which later this week issues its figures for the...

11 December 2017

From: Breaking News

Transactions fall but LSL still shows bigger-than-expected revenues

LSL Property Services - which includes Your Move, Reeds Rains and other high street estate agencies - batted away any housing...

30 November 2017

From: Breaking News

Countrywide online 'pause' is unforgivable says leading analyst

Countrywide's decision to 'pause' the roll-out of its online option for sellers and landlords is "unforgivable and dumbfounding" according to a...

14 November 2017

From: Breaking News

Pause of online roll-out does little to help Countrywide share price

The much-expected pause in the roll out of Countrywide's online service to vendors, confirmed yesterday, did not appear to impress investors. Countrywide's...

10 November 2017

From: Breaking News

Purplebricks tells City and investors we're on course for 2017 targets

Purplebricks has issued the briefest-of-brief statements to the City and the company's investors to assure them it is "on course". The latest...

07 November 2017

From: Breaking News

Purplebricks: investment website raises questions over its profitability

Investment website The Motley Fool says comparisons between forecast and actual profits reported by Purplebricks suggest the company’s position isn’t -...

02 October 2017

From: Breaking News

Purplebricks claims UK revenue now double that of a year ago

Purplebricks' latest trading statement, issued this morning, claims "good progress" and says its revenue in the UK for the first half...

29 September 2017

From: Breaking News

Winkworth celebrates new franchise signings despite weaker sales

Winkworth says solid performances from its lettings and property management services, plus new franchise deals, have compensated for a challenging sales...

14 September 2017

From: Breaking News

Was this the week the agency industry changed for good?

I’ve been in France for the past few days and depending on your viewpoint, I made a spectacularly good or singularly...

09 September 2017

From: Features

Hunters emphasises online success, despite challenging market

Hunters’ figures for the six months to the end of June show small rises in income and turnover but a substantial...

08 September 2017

From: Breaking News

Countrywide's surveying division in link-up with Virgin Money

Countrywide Surveying Services has been appointed by Virgin Money as its partner to support borrowers for new build, custom build and...

01 September 2017

From: Breaking News

Exclusive: Speculation grows over future of senior Countrywide director

Speculation is growing that one of the most senior executives in the Countrywide management team may be leaving the organisation. Countrywide and...

17 August 2017

From: Breaking News

Sell Purplebricks shares, urges writer as sales data mystery remains

The Sunday Times made uncomfortable reading for Purplebricks yesterday as the newspaper raised more questions about the number of homes the...

14 August 2017

From: Breaking News

Savills suffers fall in sales in London, country and new-build sectors

Savills has reported strong figures for the first half of 2017 across its worldwide activities, but its UK residential divisions have...

11 August 2017

From: Breaking News

LSL profits up - but agency group warns of 'suppressed sales'

LSL Property Services - owners of Your Move, Reeds Rains and Marsh & Parsons amongst estate agency brands - has enjoyed...

01 August 2017

From: Breaking News

Could Rightmove really increase charges to agents again?

A City analyst has fuelled speculation that Rightmove has a goal to increase its monthly average revenue from each agency from...

31 July 2017

From: Breaking News

Rightmove reports rise in agents, traffic and revenue per advertiser

In its latest report to shareholders, Rightmove has revealed yet more growth in agent numbers, traffic to its website, revenue per...

28 July 2017

From: Breaking News

Countrywide: 50% of branches will have online option within days

Countrywide says the roll out of its online sales and lettings service is on schedule to reach 50 per cent of...

28 July 2017

From: Breaking News

Profits plunge at Countrywide as CEO admits tough year so far

Countrywide has revealed a massive plunge in its profits for the first six months of 2017.   Pre-tax profit for the six months...

27 July 2017

From: Breaking News

Foxtons' slump in sales means 55% of revenue now from lettings

Foxtons has reported its half-year figures for the six months to the end of June and, as expected, they show how...

27 July 2017

From: Breaking News

Speculation grows over Countrywide's 2017 performance to date

Speculation is growing over whether figures to be released by Countrywide on Thursday may prompt another fall in the troubled company’s...

25 July 2017

From: Breaking News

What market slowdown? LSL agencies say 2017 is better than expected

LSL Property Services does not report its figures for the first half of 2017 until August 1, but even so it...

18 July 2017

From: Breaking News

Purplebricks Local Property Experts 'earn average £41,925 a year'

An expert analysis of the Purplebricks trading statement for 2016 reveals that the agency’s Local Property Experts each earn an average...

10 July 2017

From: Breaking News

Countrywide poised for stronger second half of 2017 says analyst

One of the industry’s leading analysts says Countrywide’s figures for the first half of 2017 are likely to be tough -...

07 July 2017

From: Breaking News

Purplebricks sells 83 per cent of the homes it lists, agency chief says

The chief executive of Purplebricks, often criticised by detractors for failing to reveal completion rates as opposed to listings, says his...

03 July 2017

From: Breaking News

Purplebricks agrees a UK sale every nine minutes 24/7

New figures released this morning from Purplebricks shows the onward march of the hybrid agency and its Local Property Experts. For the...

29 June 2017

From: Breaking News

ZPG reports big surge in agents and listings over past six months

ZPG has published its half-year figures this morning showing a six per cent rise in the number of agents and a...

24 May 2017

From: Breaking News

City analyst uses Foxtons' figures to diss Purplebricks inventory

A respected City analyst has pointedly dissed Purplebricks over its allegedly modest inventory of homes for sale and rent. Antony Codling of...

18 May 2017

From: Breaking News

EweMove franchise agents now number 108 with revenue up 14%

EweMove, the online brand owned by the Property Franchise Group, now has 108 franchisees - 97 are fully operational and 11...

10 May 2017

From: Breaking News

Savills warns of election hiatus for high end house sales

The next few weeks leading to the General Election on June 8 are likely to have “a short term adverse impact...

10 May 2017

From: Breaking News

Purplebricks sharply criticised at industry technology conference

Purplebricks' share price moved up over two per cent yesterday on the strength of its latest trading statement - but its...

05 May 2017

From: Breaking News

Purplebricks reports '83% instruction growth' in UK

Purplebricks has this morning issued its latest trading update, reporting what it calls "strong growth" in the UK and updating investors on...

04 May 2017

From: Breaking News

Countrywide share price, once over 685p, falls below 150p

Countrywide’s share price, which just over three years ago was riding high at just above 685p, has hit a new low...

05 April 2017

From: Breaking News

Investors 'have full confidence in easyProperty' says company CEO

The chief executive of online easyProperty says the company’s investors “have full confidence” in the firm despite it announcing an operating...

03 April 2017

From: Breaking News

easyProperty group may seek extra funding after £11m operating loss

Figures lodged at Companies House by online agency easyProperty suggest parent company EProp Services will seek additional funding this year. A strategic...

31 March 2017

From: Breaking News

Winkworth plans to bounce back after 25% fall in pre-tax profits

Winkworth’s annual figures for 2016 reveal a franchise turnover drop of six per cent and a pre-tax profit fall of 25.6...

31 March 2017

From: Breaking News

Savills reports 'resilient' UK home sales despite Brexit jitters

Savills has revealed relatively strong figures for 2016 in its report to the City this morning, with group revenue up 13...

22 March 2017

From: Breaking News

Foxtons: lavish praise from investment chiefs despite profits fall

Foxtons has received lavish praise from investment consultancy Jefferies despite long-term share price worries reflecting its mixed performance in the troubled...

20 March 2017

From: Breaking News

Countrywide shares hit record low after bank downgrading

Swiss bank UBS has downgraded Countrywide’s status to ‘sell’ in a move which has prompted the troubled estate agency’s share price...

16 March 2017

From: Breaking News

Countrywide reveals annual cost of restructuring

Countrywide has revealed that in 2016 it spent over £8.1m on redundancies, some £7.4m on contract costs relating to closed premises,...

13 March 2017

From: Breaking News

Countrywide: 200 branches shut, online 'working well'

It's been revealed that Countrywide has lost 200 branches in its reorganisation - that's around 20 per cent of its branch...

09 March 2017

From: Breaking News

Foxtons profits dive thanks to Brexit and stamp duty

Foxtons' figures released to the City this morning confirm a huge slump in sales in 2016 - and even lettings revenue...

08 March 2017

From: Breaking News

Strong year for Connells with sales and lettings both rising

Connells Group has announced strong figures for 2016 with the total number of properties sold rising five per cent and lettings...

02 March 2017

From: Breaking News

Rightmove reveals more agents, more visits and more profits in past year

Rightmove has released its figures for 2016 and as predicted they show the portal streaking ahead of all rivals. It reports record...

24 February 2017

From: Breaking News

Purplebricks to expand into the United States later this year

Purplebricks has raised £50m through a share issue to fund expansion into the United States later this year. In an announcement to shareholders...

23 February 2017

From: Breaking News

Connells still looking for 'selective acquisitions' in 2017

Connells Group’s estate agency business recorded an eight per cent increase in exchanges in 2016 over the previous year, and says...

21 February 2017

From: Breaking News

Developer to build fewer homes after 'poor quality' issues

A house builder has set aside £7m to spend on repairs to its own new properties after a series of complaints...

21 February 2017

From: Breaking News

Hybrid will be 'fast-growing challenger brand' says agency chief

Hybrid agency EweMove is rapidly expanding its network footprint this year and will be a “challenger brand” deliberately designed to be...

03 February 2017

From: Breaking News

Foxtons reveals huge drop in revenues with worse to come in 2017

Foxtons has revealed that in the final quarter of last year its revenues were only £26m - down a quarter on...

11 January 2017

From: Breaking News

Zoopla reports agency total up 5% and listings up 10% in a year

Zoopla Property Group's estate agency membership grew five per cent and its property listing inventory was up 10 per cent in...

30 November 2016

From: Breaking News

Countrywide: big transactions slump - with warning of worse to come

A trading update released by Countrywide this morning shows a 29 per cent slump in London exchanges in the third quarter...

24 November 2016

From: Breaking News

LSL Property Services sells remaining shares in Zoopla

LSL Property Services has sold its remaining stake in Zoopla Property Group according to a City report. LSL - which includes High...

02 November 2016

From: Breaking News

Dramatic one-third slump in sales for Foxtons in last three months

In a surprise announcement this morning, Foxtons has revealed that its total revenues in the past three months dropped 14 per...

19 October 2016

From: Breaking News

Leading house builder rips into government over housing policy

The government’s housing policy, while helpful outside London, has had a negative effect on the capital according to one of the...

07 September 2016

From: Breaking News

The current state of play in the property portal market

With more house-hunters than ever now starting their search for a new home by typically looking online on one of the major...

17 June 2016

From: Features

'PSG yet to stretch its legs' – analysts report on Zoopla figures

Several stock market analysts have published reports on Zoopla's half-year trading statement released yesterday. Anthony Codling of Jefferies – the firm which...

26 May 2016

From: Breaking News

Purplebricks: big revenue rise and 'Local Property Expert' numbers up

Purplebricks Group has issued a trading statement to the City - with another dramatic revenue increase and a claim that the...

11 May 2016

From: Breaking News

More agencies say political uncertainty hurting housing market

Another agency has warned of the likely market slowdown caused by the June 23 EU referendum and political uncertainty over the...

28 April 2016

From: Breaking News

'Major agency has cut fees to 0.5% on referendum fears' - claim

A City investment consultancy says one leading private agency chain has slashed its fees to 0.5 per cent in order to...

27 April 2016

From: Breaking News

Countrywide to reveal how well (or badly) it does every six months

Countrywide has taken the highly-unusual step of announcing that it will reveal key performance indicators every six months, come rain or...

29 February 2016

From: Breaking News

Countrywide: 2016 is make or break year, warn analysts

Financial analysts at City consultancy Jefferies - which helped Countrywide float on the stock market - say 2016 is a key...

26 February 2016

From: Breaking News

No change of course says Countrywide chief after 37% profits slump

The chief executive of Countrywide says there’s “no change of course” after a 37 per cent slump in operating profits were...

25 February 2016

From: Breaking News

Foxtons sales down 11% but agency eyes more growth in 2016

A trading statement from London agency Foxtons shows group turnover up four per cent in 2015 to £150m - but that...

04 February 2016

From: Breaking News

Stamp duty change spurs small rise in first time activity since late 2014

In the latest of many mixed signals from the housing market, a survey by agents Your Move and Reeds Rains suggests...

29 January 2016

From: Breaking News

Hunters hits 170 offices and seeks significant expansion in 2016

Sales and lettings franchise giant Hunters has told the City it is anticipating “significant expansion” this year through additional franchises and...

28 January 2016

From: Breaking News

Zoopla sets date for next agency numbers announcement as finance chief quits

Zoopla has confirmed that its next date for announcing its agency membership totals - part of its ongoing rivalry with OnTheMarket...

22 January 2016

From: Breaking News

Countrywide's good day: new homes acquisition, share price up, profits boosted

Countrywide has continued its acquisition programme by taking over a company consulting with house builders in the Home Counties and London.  The acquisition...

22 January 2016

From: Breaking News

Countrywide upgrades profits forecast - just months after a profits warning

The UK’s largest estate agency group has upgraded its profits forecast to the City - just over 10 weeks after issuing...

21 January 2016

From: Breaking News

Agency franchise giant's expansion goes on despite buy to let tax change

One of the UK's largest property franchises has reported strong figures in an interim trading statement to the City - with group...

21 January 2016

From: Breaking News

Zoopla to provide latest figures on agency members this week

Zoopla says it will later this week give an update on the number of agents it now has as members -...

19 October 2015

From: Breaking News

OnTheMarket queries Zoopla’s listings inventory

OnTheMarket has queried the listings inventory detailed in Zoopla’s half-year trading statement. Zoopla Property Group reported that its listings inventory had increased...

24 August 2015

From: Breaking News

OnTheMarket defiant but most analysts back Zoopla

OnTheMarket has made a defiant response to news that Zoopla is growing both its estate agent membership and its property listings...

13 August 2015

From: Breaking News

Video round-up 31.07.15 - Watch the weekly news from Estate Agent Today

Watch the latest weekly video round-up of news from Estate Agent Today and Letting Agent Today, featuring stories on Rightmove's half...

31 July 2015

From: Breaking News

Video round-up 31.07.15 - Watch the weekly news from Estate Agent Today

Watch the latest weekly video round-up of news from Estate Agent Today and Letting Agent Today, featuring stories on Rightmove's half...

31 July 2015

From: Video Articles

Video round up 22.05.15 - Watch the weekly news from Estate Agent Today

Watch the latest weekly video roundup of news from Estate Agent Today and Letting Agent Today, featuring stories on Zoopla's trading...

22 May 2015

From: Breaking News

Zoopla defiant after agency-losses dent share price

Zoopla remains unbowed by its loss of 23 per cent of its UK agents and says it has new statistics proving...

21 May 2015

From: Breaking News

Zoopla: 23% drop in UK agencies, 11% rise in visits

Zoopla says it has lost 16 per cent of its global members in the year to the end of March -...

20 May 2015

From: Breaking News

Countrywide warns of 'difficult sales market'

Countrywide, the agency group that handles one in 10 transactions in Britain, has told the City that its income remains “resilient...

30 April 2015

From: Breaking News

valpal
submit