1. Most Discussed
  2. Gainers & Losers
  1. Members, Techs apologise for the loss of thread titles, and are currently working on restoring them. They will be back asap. Thank you
REA $89.00

News: REA lifts H1 profit by 34%



  1. REA Group Limited (ASX:REA) saw its shares lift yesterday as it reported a first half boost in profit of 34 per cent with revenue up 25 per cent.
     
    The media advertising company says net profit for the six months to December hit $94.7 million with operations in Australia, Europe and Asia all showing growth.
     
    REA group owns the realestate.com.au website and says the result reflects the group’s focus on strengthening agent relationships and the continued success of its product strategy.
     
    CEO Tracey Fellows says the company has extended its lead over its competitors in both number of visits and time spent on site.
     
    The company has declared an interim dividend of 29.5 cents per share, fully franked, which represents a 34 per cent increase on last year’s interim dividend.

DISCLAIMER:
Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.

Top

Thank you for visiting HotCopper

We have detected that you are running ad blocking software.


HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.