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
United Parcel Service Inc. agreed to pay $8.4 million to the United States to settle allegations that it overcharged federal agencies for package delivery services, the U.S. Justice Department said. Under a General Services Administration or GSA contract, UPS was required to provide GSA with certain lower prices for its services. The United Auto Workers union on Sunday called for a strike at General Motors at midnight after both the parties failed to reach a tentative deal before a Saturday deadline. The last time the union declared a strike at GM was in 2007. General Motors has detailed its most recent offer, including 5,400 jobs and $7 billion in investment at its US plants. The United Auto Workers union reportedly plans to go on strike against auto giant General Motors Co. (GM) after both the parties failed to reach a tentative deal before a Saturday deadline. According to CNBC, the strike has been called despite GM saying it presented a "strong offer" to the union....
Follow RTT