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"Rightmove has celebrated its 15th birthday in 2015 and together with the support of nearly 20,000 customers, it has changed the way Britain searches and researches property."

Nick McKittrick, CEO

Latest full year results

Full year results announcement for the year ended 31 December 2015



CEO's comments

Rightmove Snapshot  
Primary Country Listing UK
Status Fully Listed
Index FTSE 250, FTSE 350, FTSE All Share
Sector Real Estate
Overview from Annual Report 2015 2014
Average Number of Employees (including executive directors) 412 388
Total Employee Cost (£m) 23.46 21.65
Latest Results from Annual Report 2015 2014
Turnover (£m) 192.1 167.01
Pre-tax Profit (£m) 137.18 122.06

EPS (Underlying basic) (p)

121.4 100.3
Dividends declared (p) 43 35

Financial highlights

  • Revenue up 15% to £192.1m (2014: £167.0m) with growth achieved across all business areas
  • Underlying operating profit(1) up 16% to £144.3m (2014: £124.6m)
  • Underlying operating margin(1) of 75.1% (2014: 74.6%)
  • Underlying earnings per share(2) up 21% to 121.4 (2014: 100.3p)
  • £112.5m (2014: £103.4m) of cash returned to shareholders through dividends and share buybacks in the year
  • Final dividend of 27p (2014: 22p) per ordinary share making a total dividend of 43p for the year (2014: 35p), up 23%

Operational Highlights

  • Agency and New Homes customers up 448 (+2 %) since the start of the year to an all - time high of 19,752 (31 December 2014: 19,304)
  • Nearly 50%(3) more UK residential properties on Rightmove than on any other portal
  • Strong audience growth
    • Rightmove’s share of traffic of the top four UK property portals has grown across the board(4); on a time basis including desktop and mobile traffic it increased to 77% (January 2015: 74%)
    • Visits up 18% year-on-year to a record 1.3bn (2014: 1.1bn)
    • Pages viewed up 14% year - on - year to a record 17.5bn (2014: 15.4 bn)
  • A record 49.8m leads generated for our advertisers, up 16% year-on-year (2014: 42.8m )
  • Average revenue per advertiser (ARPA)(5) up £70 ( + 10%) to £754 per month on the same period a year ago (2014: £684)

(1) Before share - based payments and NI on share - based incentives
(2) Before share - based payments, NI on share - based inc entives and no related adjustment for tax
(3) Source: AlphaWise, Morgan Stanley Research Jan 2016
(4) Source: Comscore ( users , visits, pages and time measures)
(5) For Agency and New Homes customers

Rightmove celebrated its 15th birthday in 2015 and together with the support of nearly 20,000 customers, it has changed the way Britain searches and researches property.

Our property stock advantage coupled with our brand strength and innovation have substantially increased our audience size and engagement this year. We attracted 200 million more visits in 2015 as more people came to search and research the only place with a million properties for sale and to rent in the UK.

We help our customers succeed by delivering great value marketing and by helping drive business efficiencies. We have grown our customer base by 2% during 2015 to a record high and continue to build broader relationships to support customers’ ambitions. We continue to break records at the start of 2016 having already generated over 9 million leads for our customers.

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