Online agency portal Zoopla has bought estate agency website design and hosting business Technicweb following a strong set of results.
In the year to 30 September, pretax profit rose by 38% to £46.2m, with revenue of £197.7m – an increase of 84%.
Earnings before interest, taxes and depreciation and amortisation were up by 58% to £77.1m.
Founder and chief executive Alex Chesterman said: “We continue to lead innovation in the property and comparison markets as we work towards fulfilling our mission of providing the most useful resources for consumers when finding, moving and managing their home and being the most effective partner for related businesses.”
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