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REA Group Releases Q3 FY 2019 Financial Information

10 May 2019  |  08:13:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: REA Group Q3 FY 2019 financial information released

REA Group announced that its results for the nine months ended 31 March 2019 as reported by News. Group financial highlights from core operations for the nine months ended 31 March 2019 include revenue growth of 13% to $667.8m and EBITDA growth from core operations of 15% to $404.7m. Total operating expenditure grew 8% due to continued investment in product innovation, an increase in costs due to the inclusion of the Hometrack business, variable costs associated with the success of the Audience Maximiser product in Australia and increased marketing.

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