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REA Group Ltd Posts Strong Q3 Results

REA Group Ltd Posts Strong Q3 Results

REA Group Ltd (AU:REA) has released an update.

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REA Group Ltd has reported a robust financial performance for Q3 2024, with revenue soaring by 24% to $334 million and EBITDA excluding associates climbing 30% to $177 million. The growth has been attributed to strong Australian residential and commercial sectors, alongside significant revenue expansion in India. The company has maintained its position as the leading property site in Australia, with realestate.com.au achieving record audience numbers.

For further insights into AU:REA stock, check out TipRanks’ Stock Analysis page.

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