Purplebricks halves losses in first half as Axel Springer continues to ponder takeover bid

Purplebricks

Online estate agent Purplebricks slashed first half losses after a tumultuous period that witnessed the ousting of its founder Michael Bruce and its exit from the Australian and US markets.

The group, which remains in the takeover spotlight, posted losses of £14.1m for the six months to the end of October, compared to a loss of £27.8m last year.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.

Registered users and subscribers SIGN IN here to continue