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Domain boss confident of post-shutdown bounce, but timing unclear

Max Mason
Max MasonSenior courts and crime reporter
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Key Points

  • Revenue ($m) 280.4, down -18.3%
  • Pre-tax profit ($m) -211.7, down77.7%
  • Net profit ($m) -227.7, down-265.5%
  • No final dividend 

Domain chief executive Jason Pellegrino says property markets outside of Melbourne are improving and he expects listings volumes to bounce back quickly as various lockdown restrictions are lifted.

Domain CEO Jason Pellegrino. Louie Douvis

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Max Mason covers insolvency, courts, financial crime, cybercrime and corporate wrongdoing. A Walkley Award winner, Max’s journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com
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    Original URL: https://www.afr.com/companies/media-and-marketing/domain-profit-hit-by-covid-19-uncertainty-20200819-p55n8y