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REA Group Ltd ( (AU:REA) ) has shared an announcement.
REA Group reported a strong financial performance for the first half of the fiscal year 2025, with a 20% increase in revenue to $873 million and a 22% rise in EBITDA to $535 million. The company also achieved a 26% increase in net profit to $314 million, benefiting from robust yield growth and a favorable listings environment. This solid performance led to a 26% increase in the interim dividend to $1.10 per share. The company’s flagship site, realestate.com.au, maintained its position as Australia’s top property platform, with significant audience growth and increased seller leads.
More about REA Group Ltd
REA Group Ltd operates in the real estate industry, focusing on property advertising and listings. It offers digital real estate services primarily through its flagship site, realestate.com.au, which is the leading platform for property buyers and sellers in Australia.
YTD Price Performance: 7.08%
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $20.51B
For a thorough assessment of REA stock, go to TipRanks’ Stock Analysis page.
