Zoopla Property Group Plc Annual Report and Accounts 2016
The consumer champion at the heart of the home
“2016 has been a very successful year for ZPG as we remain focused on being the consumer champion at the heart of the home. We continued to lead innovation in the digital property and home services comparison markets and the Group is now more diversified and stronger than ever, delivering record Revenue and Adjusted EBITDA.”
Alex Chesterman OBE
Founder & CEO
We help consumers to understand the market and make smarter home‑related decisions and help related businesses to operate more effectively.
The Group benefits from its multi-brand, multi-channel approach and each of our brands has a distinct market position with an unrivalled proposition. Our websites and mobile apps attract over 50 million visits per month.
Adjusted EBITDA is defined as operating profit after adding back depreciation and amortisation, share-based payments and exceptional items.
Adjusted basic EPS is defined as profit for the year after adding back amortisation of intangibles arising on acquisitions and exceptional items, as adjusted for tax, divided by the weighted average number of shares in issue for the period.
When reviewing performance the Directors use a number of adjusted measures, including Adjusted EBITDA and Adjusted basic EPS, as they believe these give a more relevant indicator of the Group’s underlying performance. See page 89 and 91 of the Annual Report for more information.
with Mike Evans
We continue to work towards our mission of providing the most useful resources for consumers when finding, moving or managing their home and being the most effective partner for related businesses. We look forward to continuing to deliver on that mission in the coming year.
Victoria, a 28-year old building society worker from Norwich has already saved £199 on her annual energy bills by switching through uSwitch. Having just switched a second time, she’s now set to save another £215.
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