It’s patch of Purple
PURPLEBRICKS’ US move reaped rewards as the online estate agent stayed on course to hit annual forecasts.
The company, which launched in Los Angeles this month, said its advertising had led to more hits and valuations booked than in its UK and Australia markets at the equivalent stage of their development.
UK first-half revenues will be more than double last year. Chief executive Michael Bruce said: “We will continue to invest in infrastructure and teams to support growth, while our focus will remain on excellent customer experience.” Shares rose 15¼p to 387½p.