(Reuters) - Real estate agent Foxtons (L:FOXT) on Friday reported a 30% plunge in adjusted core profit for 2019 as Britons bought and sold fewer homes and its letting business was hurt by the ban on tenant fees.
Adjusted earnings before interest, tax, depreciation and amortization, on a pre-IFRS 16 basis, fell to £2.5 million in 2019, from £3.6 million a year earlier.