Finance

Purplebricks posts strong UK performance but losses double

By 2018-12-13T09:40:00

Michael bruce sold sign purplebricks

Online estate agent Purplebricks Group has more than doubled its losses to £25.6m in the six months to October, despite growing its profits significantly in the UK.

The agency, which has expanded into Australia, Canada, Germany and the US, reported global group losses of £25.6m for H1 compared to £11.4m of losses over the same period 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?

Try Property Week For Free to finish this article.

Sign up now for the following benefits:

  • Unlimited access to Property Week
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article TRY FOR FREE NOW

Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.

Registered users and subscribers SIGN IN here to continue