Rightmove Plc (RMV.L), a British real estate company, said Friday that trading for the four months from January 1 to April 30, 2026, has been in line with expectations. The company reaffirmed that it still expects revenue growth of 8 percent and 10 percent, underlying operating profit growth of 3 percent and 5 percent-5%, and underlying earnings per share growth of at least 5 percent.
The company said its core business, which includes Estate Agency and New Homes, continues to deliver growth in Average Revenue per Advertiser or ARPA through product improvements. The outlook for Core ARPA growth also remains unchanged, Rightmove Plc added.
Rightmove said that its Strategic Growth Areas, namely, Commercial Property, Mortgages, and Rental Services, are on track to deliver revenue growth of between 20 percent and 30 percent during the year.
The company added that growth in the second half of 2026 is expected to be stronger than in the first half. First-half growth is being affected by fewer New Homes developments and a strong mortgage comparison from last year.
On the LSE, RMV.L is currently trading down 0.77 percent on Friday at 425.60 pence.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.