SpaceX IPO is the biggest IPO in stock market history. Join the conversation.Click here

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
11th May 20187:10 amRNSSilver Lake's recommended cash offer for ZPG Plc
11th May 20187:00 amRNSRecommended cash acquisition of ZPG Plc
10th May 20187:00 amRNSDirector/PDMR Shareholding
1st May 20188:09 amRNSZPG PLC AGREES TO SELL HOMETRACK AUSTRALIA
30th Apr 20182:42 pmRNSTotal Voting Rights
18th Apr 20184:56 pmRNSExercise of Shares Warrants
10th Apr 20182:15 pmRNSDirector/PDMR Shareholding
6th Apr 20182:24 pmRNSHolding(s) in Company
6th Apr 20187:00 amRNSTransaction in Own Shares
5th Apr 20187:00 amRNSTransaction in Own Shares
4th Apr 20187:00 amRNSTransaction in Own Shares
3rd Apr 20183:26 pmRNSTotal Voting Rights
3rd Apr 20187:00 amRNSHolding(s) in Company
29th Mar 20185:06 pmRNSTransaction in Own Shares
29th Mar 20187:00 amRNSTransaction in Own Shares
28th Mar 20187:00 amRNSHolding(s) in Company
28th Mar 20187:00 amRNSTransaction in Own Shares
27th Mar 20187:00 amRNSTransaction in Own Shares
26th Mar 20187:49 amRNSTransaction in Own Shares
26th Mar 20187:34 amRNSHolding(s) in Company
23rd Mar 20187:00 amRNSTransaction in Own Shares
22nd Mar 20187:00 amRNSTransaction in Own Shares
21st Mar 20187:00 amRNSTransaction in Own Shares
20th Mar 20189:59 amRNSShare Purchase to Cover Warrant Exercises
20th Mar 20189:05 amRNSShare Purchase to Cover Warrant Exercises
16th Mar 201812:16 pmRNSHolding(s) in Company
14th Mar 20182:54 pmRNSHolding(s) in Company
12th Mar 20184:45 pmRNSPurchase of Shares by Employee Trust
8th Mar 20183:00 pmRNSDirector/PDMR Shareholding
2nd Mar 201812:40 pmRNSListing Rule 9.6.14
2nd Mar 201811:54 amRNSHolding(s) in Company
28th Feb 201810:44 amRNSTotal Voting Rights
28th Feb 201810:44 amRNSHolding(s) in Company
23rd Feb 20183:21 pmRNSTR-1: notification of major holdings
22nd Feb 20181:01 pmRNSDirector/PDMR Shareholding
22nd Feb 201811:50 amRNSDirector/PDMR Shareholding
22nd Feb 201811:21 amRNSTR-1: notification of major holdings
21st Feb 201810:05 amRNSTR-1: notification of major holdings
19th Feb 20184:54 pmRNSTR-1: notification of major holdings
13th Feb 20185:26 pmRNSHolding(s) in Company
13th Feb 20185:25 pmRNSHolding(s) in Company
8th Feb 20182:28 pmRNSDirector/PDMR Shareholding
7th Feb 20182:32 pmRNSTransfer of Treasury Shares
30th Jan 201812:23 pmRNSResult of AGM
30th Jan 20187:00 amRNSAGM Statement
18th Jan 20185:26 pmRNSTR-1: notification of major holdings
18th Jan 20182:37 pmRNSIssue and sale of £200m Senior Notes due 2023
15th Jan 20184:46 pmRNSDirector/PDMR Shareholding
11th Jan 20185:01 pmRNSPricing of £200 million Senior Notes due 2023
9th Jan 201810:45 amRNSTR-1 Notification of Major Holdings

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.