Property site Rightmove unveils profits boost

UK property website Rightmove eased its disappointment over Home Information Packs (HIPs) today by unveiling a sharp rise in half-year operating profits.

Property site Rightmove unveils profits boost

UK property website Rightmove eased its disappointment over Home Information Packs (HIPs) today by unveiling a sharp rise in half-year operating profits.

The group reported a doubling in revenues to £15.1m (€22.4m), reflecting 5,000 new advertisers and a market penetration among estate agents of 74%.

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