What's the next REA Group

What's the next REA Group? Hyperion Asset Management, rated fund manager of the year 2013, says REA has been a strong performer for us and a lot of people ask us what is the next REA? The answer is simply... REA. The story is nowhere near over. The value proposition of advertising your property through the market leading online portal rather than traditional media remains strong and this gives REA pricing power. Australian revenue grew 30% last year. And by greater than 20% at the two previous results... all during a fairly weak housing market. In addition to this REA has a market leading position within Italy, which provides a strong growth option once the European economic environment recovers. We believe that REA will be able to not only grow it's revenues but also expand it's margins longer term.