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REA Group Sees 20% Revenue Surge Amid CEO Retirement

2/6/2025

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Summary

Story summary

REA Group achieved a 20% revenue increase to AUD873 million ($548 million) for H1 FY2025, fueled by strong performances in Australia and India.
EBITDA rose 22% to AUD521 million ($327 million), with a healthy margin of 59.7%.
Australian revenue grew 19% to AUD809 million, driven by a 21% increase in residential revenue.
India's revenue surged 46% to AUD64 million, overcoming competitive market challenges.
CEO Owen Wilson announced his retirement, anticipating ongoing growth in the Australian real estate sector.

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Story summary

REA Group achieved a 20% revenue increase to AUD873 million ($548 million) for H1 FY2025, fueled by strong performances in Australia and India.
EBITDA rose 22% to AUD521 million ($327 million), with a healthy margin of 59.7%.
Australian revenue grew 19% to AUD809 million, driven by a 21% increase in residential revenue.
India's revenue surged 46% to AUD64 million, overcoming competitive market challenges.
CEO Owen Wilson announced his retirement, anticipating ongoing growth in the Australian real estate sector.