Zoopla increases its 2016 final dividend by 48%

DividendMax Ltd.

Zoopla increases its 2016 final dividend by 48%

Business highlights

Revenue increase of 84% to £197.7 million and Adjusted EBITDA increase of 58% to £77.1 million

Acquisition of Property Software Group creates UK's only end-to-end solution for property professionals

Continued UK Agency partner growth up 5% (ex-Property Software Group) and listings inventory up 10%

Total number of unique Property partners including Property Software Group at 23,101 at the end of the Period

Outperformance in Comparison Services division with record levels of switching activity across every vertical

Strong traffic with over 600m visits to the Group's websites and mobile apps, of which 68% via mobile

Over 23m leads generated during the Period for Property partners including 350,000 property appraisal leads

Comparison leads up 22% over same period last year to 30.3m, helping consumers save over £320m

Invested in and partnered with a number of leading and innovative sector relevant tech start-ups

Developed market-leading new products for consumers and partners such as Running Costs and MoveIT

Relocated into our new Group headquarters bringing all our London-based teams together under one roof

Proposed final dividend of 3.7p per share, bringing total dividend for the Period to 5.2 pence per share

Since the end of the Period the Group has:

o Acquired leading cloud-based estate agency website design business, Technicweb

o Invested in and signed partnership with connected home insurance provider, Neos

Companies mentioned