Business
Domain grows listings again with low interest rates driving demand – Sydney Morning Herald
Real estate listings group Domain has reported its first year-on-year rise in market listings since 2018 but the market reacted badly to the company flagging a…
We are executing on the opportunity that lies in front of us. This is reflected in increased depth penetration, acceleration in our controllable yield, and 20 per cent like-for-like core digital EBITDA (earnings before interest, tax, depreciation and amortisation) growth in the first half.
In a note to clients, Goldman Sachs said its cost control was better than expected and noted the strong increase in depth penetration in the second quarter which drove yield growth.
But Goldman Sachs flagged potential…
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