News: REA REA Group says FY revenue from core operations $671.2 million

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    Aug 11 (Reuters) - Rea Group Ltd (REA)

    • FY net profit attributable to members of parent $206.1million versus $253 million
    • FY revenue from core operations $671.2 million, up 16 percent
    • 2017 final dividend per share 51 cents a share
    • Expected that inclusion of new financial services segment will contribute revenue of between $26 million to $30 million in FY18
    • Inclusion of new segment will result in rate of operating expense growth exceeding the rate of revenue growth
    • Significant decline in new dwelling commencements during H2 of FY17 has continued, forecast to continue through FY18
 
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