Less Ads, More Data, More Tools Register for FREE

Pin to quick picksZPG PLC Regulatory News (ZPG)

  • There is currently no data for ZPG

Trading Statement

8 Sep 2016 07:00

RNS Number : 2814J
Zoopla Property Group PLC
08 September 2016
 

 

 

ZOOPLA PROPERTY GROUP PLC

TRADING UPDATE

 

Zoopla Property Group Plc (LSE:ZPLA) (the "Group"), which owns and operates some of the UK's most-trusted digital platforms including Zoopla, uSwitch, PrimeLocation and Property Software Group, today provides an update on current trading.

 

The Property Services division continues to trade in line with expectations and Management is pleased to report continued growth in the total number of property partners, with UK Agency partner numbers having grown for 16 consecutive months to 13,275 as at 31 August 2016 (up 5% year-on-year) and property listings increasing to 925k as at 31 August 2016 (up 5% year-on-year).

 

The Comparison Services division continues to outperform, driven by continued competitive supplier offers and a supportive regulatory environment across the home services switching market, with a particularly strong performance in the Energy vertical.

 

Outlook

The Board anticipates FY16 EBITDA to be at the top end of current market expectations1. ZPG continues to invest in product innovation and marketing across both divisions and Management will provide a detailed update on the Group's strategy at its maiden Capital Markets Day on 15 September 2016 in London.

 

1. As at 7 September 2016, market expectations for Group FY16 EBITDA were in the range of £69m to £76m. (Source: Bloomberg).

-Ends-

 

 

This announcement contains inside information.

 

For further information, please contact:

 

Zoopla Property Group Plc

Lawrence Hall

Head of Communications

lawrence.hall@zpg.co.uk

07890 078 945

Rachael Malcolm

Head of Investor Relations

rachael.malcolm@zpg.co.uk

0207 620 4790

 

Maitland

James Isola 020 7379 5151

 

About ZPG (www.zpg.co.uk)

ZPG Plc (LSE:ZPLA) (ZPG) owns and operates some of the UK's most-trusted digital platforms including Zoopla, uSwitch, PrimeLocation and Property Software Group. Our mission is to be the most useful resource for consumers when finding, moving or managing their home and the most effective partner for related businesses.

 

We help consumers to understand the market and make smarter decisions and professionals to operate their businesses more effectively. The Group benefits from its multi-brand, multi-channel approach and each of our brands has a distinct market position with an unrivalled proposition. Our websites and mobile apps attract over 50 million visits per month.

 

Zoopla is the UK's most comprehensive property website, helping consumers to research the market and find their next home by combining hundreds of thousands of property listings with market data and local information.

 

uSwitch is the UK's leading comparison website for home services switching, helping consumers to find the best deal and save money on their gas, electricity, broadband, TV, phone and personal finance products.

 

PrimeLocation is one of the UK's leading property websites, helping house-hunters in the middle and upper tiers of the market explore and find their dream home from the top estate and letting agents.

 

The Property Software Group is the UK's largest supplier of software and workflow solutions to the property industry and its brand portfolio includes Alto, Jupix, CFP, Vebra, Core, Encore, MyPropertyFile and MoveIT.

 

ZPG Plc was founded in 2007 and has a highly experienced management team, led by Founder & CEO, Alex Chesterman.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTGUGDCBUGBGLI
Date   Source Headline
22nd Mar 20071:48 pmPRNCorrection : Net Asset Value(s)
22nd Mar 200710:03 amPRNNet Asset Value(s)
21st Mar 20071:54 pmPRNHolding(s) in Company
14th Mar 20075:08 pmPRNNet Asset Value(s)
14th Mar 200710:32 amPRNHolding(s) in Company
13th Mar 20074:03 pmPRNInterim Results
7th Mar 20074:51 pmPRNNet Asset Value(s)
2nd Mar 200710:42 amPRNPortfolio Update
1st Mar 20074:05 pmPRNNet Asset Value(s)
22nd Feb 200711:03 amPRNNet Asset Value(s)
15th Feb 20079:57 amPRNStatement re Bank Loan Facility
14th Feb 20075:02 pmPRNNet Asset Value(s)
8th Feb 20072:15 pmPRNNet Asset Value(s)
2nd Feb 200712:46 pmPRNNet Asset Value(s)
2nd Feb 200712:30 pmPRNPortfolio Update
2nd Feb 200712:26 pmPRNPortfolio Update
25th Jan 20073:43 pmPRNNet Asset Value(s)
17th Jan 20071:34 pmPRNNet Asset Value(s)
16th Jan 20075:02 pmPRNNet Asset Value(s)
9th Jan 20072:07 pmPRNNet Asset Value(s)
3rd Jan 20073:24 pmPRNPortfolio Update
29th Dec 200612:21 pmPRNNet Asset Value(s)
27th Dec 20062:39 pmPRNNet Asset Value(s)
18th Dec 20064:13 pmPRNAnnual Information Update
15th Dec 20062:20 pmPRNTotal Voting Rights
14th Dec 20061:12 pmPRNNet Asset Value(s)
7th Dec 20063:42 pmPRNResult of AGM
6th Dec 20064:41 pmPRNNet Asset Value(s)
4th Dec 20063:36 pmPRNNet Asset Value(s)
4th Dec 200610:01 amPRNPortfolio Update
27th Nov 20063:11 pmPRNNet Asset Value(s)
7th Nov 200611:18 amPRNDoc re Annual Report & Accounts 2006
3rd Nov 20064:47 pmPRNNet Asset Value(s)
2nd Nov 200610:59 amPRNPortfolio Update
2nd Nov 200610:49 amPRNPortfolio Update
1st Nov 20062:25 pmPRNNet Asset Value(s)
19th Oct 20064:33 pmPRNNet Asset Value(s)
16th Oct 20065:14 pmPRNHolding(s) in Company
16th Oct 20064:15 pmPRNNet Asset Value(s)
13th Oct 20061:29 pmPRNHolding(s) in Company
12th Oct 20065:20 pmPRNHolding(s) in Company
3rd Oct 200611:05 amPRNPortfolio Update
2nd Oct 20065:06 pmPRNNet Asset Value(s)
26th Sep 200611:19 amPRNHolding(s) in Company
21st Sep 20069:49 amPRNNet Asset Value(s)
15th Sep 20064:50 pmPRNHolding(s) in Company
15th Sep 20064:43 pmPRNNet Asset Value(s)
8th Sep 200611:43 amPRNNet Asset Value(s)
1st Sep 20065:10 pmPRNNet Asset Value(s)
25th Aug 20061:04 pmPRNNet Asset Value(s)

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.