Zoopla Property Group anticipates its FY 2016 EBITDA will be at the top end of current market expectations, these ranging from £69m to £76m. Zoopla said it continued to invest in product innovation and marketing across both divisions. "The Property Services division continues to trade in line with expectations and Management is pleased to report continued growth in the total number of property partners, with UK Agency partner numbers having grown for 16 consecutive months to 13,275 as at 31 August 2016 (up 5% year-on-year) and property listings increasing to 925k as at 31 August 2016 (up 5% year-on-year)," the company said. "The Comparison Services division continues to outperform, driven by continued competitive supplier offers and a supportive regulatory environment across the home services switching market, with a particularly strong performance in the Energy vertical."
-7.20p (-2.35%)delayed 11:17AM