Rightmove hails resilient performance

By Graham Ruddick, City Reporter (Property) Published: 7:14PM GMT twenty-six February 2010

Rightmove

The association reported jot down annual net increase of �30m in 2009, opposite �25.5m in 2008, and saw the shares burst 6.2pc, nonetheless the distinction total were flattered by �5m reduce taxation charge.

With housing exchange slumping and one in five estate agents going bust, Rightmove saw income tumble 6pc to �69.4m and pre-tax increase drop 1pc to �37.8m.

Profits soar at Rightmove as promotion moves online Yell trainer John Condron sees expansion intensity past the debt raise Seattle Post-Intelligencer publishes last book Recession is no threat for publishing house Dennis Internet struggles to enclose CO footprint

However, Ed Williams, handling director, said: "The last eighteen months have demonstrated the significance of Rightmove in heading a constructional change from normal media to online skill advertising."

A 7pc last division is on credit Jun 11.