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ZPG revenue up on increased traffic to its websites
November 29, 2017 / 7:22 AM / in 13 days

ZPG revenue up on increased traffic to its websites

Nov 29 (Reuters) - ZPG plc, the owner of British property websites Zoopla and PrimeLocation, reported a 23.7 percent jump in full-year revenue, driven by increased traffic to its sites.

The company, which ended its pursuit of rival GoCompare last week, said pretax profit rose 4.1 percent to 48.1 million pounds ($64.4 million) in the year ended Sept.30.

Revenue rose to 244.5 million pounds from 197.7 million pounds a year ago. ($1 = 0.7472 pounds) (Reporting by Radhika Rukmangadhan in Bengaluru; Editing by Saumyadeb Chakrabarty)

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