Aug 7 (Reuters) - REA Group Ltd (REA) :
- Q1 FY21 CORE OPERATING COSTS ARE EXPECTED TO BE ABOUT 5-10% LOWER
- IN RESPONSE TO EFFECTS OF COVID-19 ON REAL ESTATE MARKET, GROUP DEFERRED PRICE INCREASES WHICH WERE DUE TO TAKE EFFECT ON 1 JULY
- WILL ONLY IMPLEMENT PRICE CHANGES IF SUSTAINED RESIDENTIAL MARKET RECOVERY IS EVIDENT
- LATEST COVID-19 RESTRICTIONS IN MELBOURNE LIKELY TO CAUSE SIGNIFICANT SHORT-TERM WEAKNESS IN LISTING VOLUMES FOR DURATION OF LOCKDOWN
- UNDER COMMERCIAL DEVELOPER BUSINESS, NEW PROJECT COMMENCEMENTS EXPECTED TO CONTINUE TO DECLINE UNTIL Q4 FY21 IN AUSTRALIA
- WEAKNESS IN LISTING VOLUMES DUE TO RESTRICTIONS IN MELBOURNE LIKELY TO CONTRIBUTE TO ADVERSE IMPACTS ON REVENUE IN Q1 FY21
News: REA REA Group Sees Q1 FY21 Core Operating Costs About 5-10% Lower
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$245.86 |
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Mkt cap ! $32.48B | |||
| Open | High | Low | Value | Volume |
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