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Rightmove raises profit outlook

Mortgage Solutions | 09 Feb 2010 | 13:06

Mortgage Solutions

Rightmove has increased its profit forecast for 2010 after a substantial increase in the average spend per advertiser in January.

It has attributed its strong forecast to the impact from the first increases to agency listing fees and an uptake of new display advertising products, which were first launched in December 2009.

The board says it is confident that 2010 profits will be above current market expectations, subject to no significant change in market conditions.

 

 

Categories: Industry | Companies
Tags: Rightmove
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