Report Overview
Notice: Undefined variable: post in /home/virtinalabs/public_html/venture.virtinalabs.net/wp-content/themes/septera-plus/woocommerce/single-report.php on line 69
Notice: Trying to get property 'ID' of non-object in /home/virtinalabs/public_html/venture.virtinalabs.net/wp-content/themes/septera-plus/woocommerce/single-report.php on line 69
REA Group 1HFY19 update: growth in a challenging environment

- PublisherVenture Insights.
- Publish Date February 11, 2019
- Sector Digital Media, Media.
- Company REA Group.
Notice: Undefined variable: newDownloads in /home/virtinalabs/public_html/venture.virtinalabs.net/wp-content/themes/septera-plus/woocommerce/single-report.php on line 132
Notice: Undefined variable: post_id in /home/virtinalabs/public_html/venture.virtinalabs.net/wp-content/themes/septera-plus/woocommerce/single-report.php on line 138
Notice: Undefined index: pdf in /home/virtinalabs/public_html/venture.virtinalabs.net/wp-content/themes/septera-plus/woocommerce/single-report.php on line 157
Notice: Undefined variable: link in /home/virtinalabs/public_html/venture.virtinalabs.net/wp-content/themes/septera-plus/woocommerce/single-report.php on line 386
On 8th February 2019, REA Group reported its 1HFY19 earnings. Some of the key highlights from the announcement include:
-
Revenue of A$469.2mn up 15% from 1HFY18.
-
Operating EBITDA of A$289.1mn up 19% over 1HFY18.
-
Net Profit (excluding extraordinary items) after Tax of A$176.6mn up 20% over 1HFY18.
-
EPS, excluding extraordinary items of 134.1 cents, up 20% over 1HFY18.
-
Non-cash impairment charges of A$173.2mn relating to the Asia business which resulted in the Net Profit (including extraordinary items) drop 98% to A$2.3mn
-
Interim dividend of 55.0 cents a share, up 17%.