14 Aug 2015
REA Group has attributed strong profit growth for the year that ended June 30 to both new market pricing and demand for premium or “deep” products. The group achieved 20 percent revenue growth year on year for FY2015, to $522.9 million, with net profit up 24 percent to $185.4 million. In Australia, revenues increased 21 percent to $472.8 million in the same period.
REA Group Chief Executive Trace