Zoopla’s £27m deal
THE company behind online property firm Zoopla has reported rising revenue and the acquisition of a valuation company for £26.5m.
ZPG said Zoopla sales rose 24pc to £244.5m in the year to September 30, while profits nudged up 4pc to £48.1m, with a record 648m visits to its websites. Its property arm saw its revenue rise 41pc to £122.3m and the price comparison unit booked a 10pc increase in sales to £122.2m.
Zoopla, 30pc- owned by Daily Mail parent DMG Media, also revealed the takeover of Calcasa, a provider of residential property market analysis in Holland.