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Rightmove sees 2010 profit ahead of expectations
09-02-2010 09:04
’)
Online estate agency Rightmove upped its profit forecasts for 2010 after it said it saw a 'substantial' increase in average spend per advertiser.
The group said it is confident that 2010 profits will be above current market expectations, subject to no significant change in market conditions.
'This is based on the higher average spend per advertiser achieved in January, evidence from our customers of our continued value for money, and the predictably of our subscription model,' the group said.
Trading for the year to 31 December 2009 is expected to be in line with current expectations, Rightmove added.
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