Rightmove : What to expect from FY 2022 and H1 2023 for Rightmove?
>2022: resilience despite a tough environment - We are issuing an update on our forecasts for Rightmove for FY 2022. The group is due to report its FY 2022 results on 3 March 2023. We forecast FY sales up by 9.5% at € 334m, driven by ARPA growth (+10%). Indeed, the conditions on the UK property market are currently tough under the effect of price hikes. The increase in interest rates and macroeconomic uncertainty on the UK market are causing a slowdown in demand, and ...Rightmove operates as an online property portal. Co. provides consumers with a place to search and research U.K. property and by providing its customers a place to reach home hunters. Co.'s segments are: The Agency, which provides resale and lettings property advertising services on Co.'s platforms; and The New Homes, which provides property advertising services to new home developers and housing associations on Co.'s platforms. Co.'s customers are primarily estate agents, lettings agents and new homes developers advertising properties for sale and to rent. Co. also provides software, delivering data, market insight and tools that provides insight, analysis and risk assessment tools.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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