Rightmove increases 2013 interim dividend by 22%

DividendMax Ltd.

Rightmove increases 2013 interim dividend by 22%

Financial and Operational Highlights for the six months ended 30 June 2013

Revenue up 16% to £67.2m (2012: £57.9m)

Underlying operating profit up 15% to £49.0m (2012: £42.6m)

Underlying operating margin of 73.0% (2012: 73.5%)

Underlying earnings per share up 19% to 38.4p (2012: 32.2p)

Diluted earnings per share up 20% to 33.2p (2012: 27.6p)

Interim dividend increased by 2p to 11p (2012: 9p) per ordinary share, up 22%

£37.4m (2012: £41.2m) of cash returned to shareholders through dividends and share buybacks in the period

Page impressions on Rightmove up 22% to 7.2bn (2012: 5.9bn)

Number of advertisers up 646 (+3.5%) this year at 18,916 (31 December 2012: 18,270)

Average revenue per advertiser up 14% at £593 per month (2012: £518)

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