NewsBite

REA profit rises as property ‘on the march’

Miranda Ward
Miranda WardMedia writer

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Key Points

  • Revenue ($m) 430.4 down 2.3pc frm year-earlier 440.3
  • EBITDA ($m) 290.2 up 8.6pc from year-earlier 267.2
  • Net profit ($m) 172.1 up 12.6pc from year-earlier 152.9
  • Interim dividend (c) 59 v 55, payable on March 23 

REA Group chief executive Owen Wilson says Australia’s property market “is on the march again” after the property listings portal reported a 13 per cent increase in first-half profit.

REA CEO Owen Wilson says the Australian property market is “on the march again”. Eamon Gallagher

Loading...
Miranda Ward is a journalist covering media and marketing for The Australian Financial Review based in the Sydney office. Connect with Miranda on Twitter. Email Miranda at miward@afr.com

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Media & marketing

Fetching latest articles

Most Viewed In Companies

    Original URL: https://www.afr.com/companies/media-and-marketing/rea-profit-rises-as-property-on-the-march-20210205-p56ztp