Preliminary Results for the year ended 31 December 2007 29 February - - PowerPoint PPT Presentation

Preliminary Results for the year ended 31 December 2007

29 February 2008

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Highlights

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Pre-tax profits

from continuing operation before flotation costs, cost of capital reconstruction, share based expenses and NI on share options under issue

Strong profit growth

Revenue growth Source of revenue

Driven by organic revenue growth …

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Margin

… and strengthening margin

P&L

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Balance sheet

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Cash flow

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• Significant increase in EPS

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• Balance sheet and share buy backs

Offices and developments

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ARPA at year end

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Increase in spend per advertiser

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Annual visits to site Annual page impressions

*Prior to 2005 telephone calls were not tracked. During 2005 tracking was phased in.

Annual enquiries* Ranking of property websites among all websites (pages) Market share of the top 4 property websites by pages viewed

Source: Hitwise December 2007 Source: Hitwise January 2008

Continued leadership position

New revenue sources in 2007

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Holiday Lettings AboutMyPlace Rightmove Choice Email campaigns

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Housing market outlook

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Prospects for UK property advertising growth

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UK Property Advertising Market 2006

Source: Advertising statistics yearbook 2007, plus Rightmove estimate of total size of property portal market

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• Market context