Zoopla increases its 2016 interim dividend by 50%

DividendMax Ltd.

Zoopla increases its 2016 interim dividend by 50%

Business highlights

Revenue increase of 130% to £96.4m and Adjusted EBITDA increase of 89% to £40.5m

Robust performance in Property Services division with 12 consecutive months of UK Agency partner growth

Property listings grew to 854,000 reflecting an increase in the Group's number of property partners

Outperformance in Comparison Services division with record levels of Energy and Communications switches

Comparison leads up 37% to 16.2m, helping consumers find best deals and save over £175m off household bills

Strong traffic with over 300m visits to the Group's websites and mobile apps, of which over 68% via mobile

Strategic partnerships and investments announced with some of the UK's most-promising PropTech start-ups

Continued product innovation and integration with launch of new tools for both consumers and professionals

Acquisition, on 28 April following the end of the Period, of the Property Software Group for £75m

Interim dividend of 1.5p per share to be paid on 24 June 2016 to shareholders on register as at 3 June 2016

Companies mentioned