logo
Plus   Neg
Share
Email

Rightmove Plc H1 Pretax Profit Rises; Revenue Up 10% - Quick Facts

Rightmove Plc (RMV.L) reported pretax profit of 108.1 million pounds for the six months ended 30 June 2019 compared to 98.0 million pounds, previous year. Earnings per share was 9.81 pence compared to 8.69 pence. Underlying operating profit improved 10% to 111.0 million pounds. Underlying basic earnings per share was 10.2 pence compared to 9.1 pence.

First-half revenue increased to 143.9 million pounds from 131.1 million pounds, a yer ago. Revenue was up 10% year-on-year driven by continued growth in Agency and New Homes businesses.

The Board has announced an interim dividend of 2.8 pence per ordinary share, an increase of 12%.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
A New York regulator has launched an investigation into the credit card practices of Goldman Sachs Group Inc. for alleged gender discrimination in determining limits for Apple's new credit card, which is administered by Goldman Sachs. The Apple Card, Apple's first credit card, was introduced by the tech giant in March this year in partnership with Goldman Sachs and Mastercard. The U.S. Food and Drug Administration approved the first therapy for patients with a rare inherited blood disorder called beta thalassemia. Celegene's Reblozyl is also the first and only FDA-approved erythroid maturation agent, a new class of therapy for such patients. The regulator approved Reblozyl for treating anemia in adult patients with beta thalassemia who require regular RBC transfusions. McDonald's is adding renewable energy to the grid, as part of its efforts to address climate change. The fast-food giant said it signed two long-term, large-scale virtual power purchase agreements or VPPAs to buy renewable energy generated by wind and solar power. Under the agreements, McDonald's will buy a combined 380MW in renewable energy.
Follow RTT
>