Zoopla's record results boost DMGT

ZOOPLA W_TAG CMYK LOGOZoopla Property, the property website majority owned by Daily Mail & General Trust, enjoyed record internet traffic, revenues and earnings in the six months to end-March.

Average monthly visits increased 37% to 39.9m, with advertiser numbers climbing 8% and numbers of properties advertised 3%.

Revenue rose 26% to £38.3m, with earnings before interest, tax, depreciation and amortisation up 26% to £18.7m.

DMGT’s share of operating profit in Zoopla, of which it owns a 52.6% stake, increased from £8m to £10m, it said.

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