REA Group reported third quarter Core Operations revenue of A$398 million, up 11% excluding M&A and 6% unadjusted from last year. Residential revenue increased 12%, driven by 14% Buy yield growth, with National Buy listing volumes also returning. The update points to solid underlying operational momentum in the company’s core property advertising business.
REA Group reported third quarter Core Operations revenue of A$398 million, up 11% excluding M&A and 6% unadjusted from last year. Residential revenue increased 12%, driven by 14% Buy yield growth, with National Buy listing volumes also returning. The update points to solid underlying operational momentum in the company’s core property advertising business.
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moderately positive
Sentiment Score
0.35
