{"id":102254,"date":"2018-12-14T00:19:33","date_gmt":"2018-12-13T17:19:33","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-half-losses-double-at-purplebricks-as-housing-market-stalls\/"},"modified":"2018-12-14T01:03:15","modified_gmt":"2018-12-13T18:03:15","slug":"first-half-losses-double-at-purplebricks-as-housing-market-stalls","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-half-losses-double-at-purplebricks-as-housing-market-stalls\/","title":{"rendered":"First-half losses double at Purplebricks as housing market stalls"},"content":{"rendered":"


\nOnline estate agent\u2019s shares down 12% after it cuts full-year revenue forecast to \u00a3175mFirst-half losses have more than doubled at Purplebricks as the online estate agent warned that it saw little prospect for immediate improvement in the UK property market.Purplebricks made a pre-tax loss of \u00a327.3m in the six months to 31 October, up from \u00a311.4m in the equivalent period last year. The company, listed on the AIM junior stock market, lowered the upper end of its full-year revenue forecast from \u00a3185m to \u00a3175m. Its shares slumped by 12% to 131.5p, which means the company has lost nearly three-quarters of its value from its 2018 peak of 489p. Continue reading…
\n
\nSource : theguardian.com
\nRead more…First-half losses double at Purplebricks as housing market stalls<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Online estate agent\u2019s shares down 12% after it cuts full-year revenue forecast to \u00a3175mFirst-half losses...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-102254","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-qBg","jetpack-related-posts":[{"id":37096,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/purplebricks-cuts-losses-by-half-in-tough-market\/","url_meta":{"origin":102254,"position":0},"title":"Purplebricks cuts losses by half in \u2018tough\u2019 market","date":"December 5, 2016","format":false,"excerpt":"\r Digital estate agency sees 159% revenue growth despite housing market slowdown\r \r Source : ft.com\r Read more...Purplebricks cuts losses by half in \u2018tough\u2019 market","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104237,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/purplebricks-shares-plunge-40-on-lower-revenue-forecasts\/","url_meta":{"origin":102254,"position":1},"title":"Purplebricks shares plunge 40% on lower revenue forecasts","date":"February 21, 2019","format":false,"excerpt":"\r Online estate agent announces departure of both UK and US heads after second downgradeShares in the UK\u2019s largest online estate agent, Purplebricks, plunged 40% after the company slashed its revenue forecasts and announced the surprise departure of both its US and UK bosses.The company blamed slower than expected growth\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2728,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/purplebricks-revenue-soars-but-losses-widen\/","url_meta":{"origin":102254,"position":2},"title":"Purplebricks revenue soars but losses widen","date":"January 26, 2016","format":false,"excerpt":"\r The hybrid estate agent, which has pumped money into an advertising campaign, has grown its share of the online market\r \r Source : telegraph.co.uk\r Read more...Purplebricks revenue soars but losses widen","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74476,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/purplebricks-revenues-rise-but-expansion-widens-losses\/","url_meta":{"origin":102254,"position":3},"title":"Purplebricks\u2019 revenues rise but expansion widens losses","date":"December 14, 2017","format":false,"excerpt":"\r Shares fall 9% as digital estate agency dismisses concerns over a slowdown in the UK\r \r Source : ft.com\r Read more...Purplebricks\u2019 revenues rise but expansion widens losses","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104233,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/purplebricks-shakes-up-management-as-it-cuts-revenue-forecasts\/","url_meta":{"origin":102254,"position":4},"title":"Purplebricks shakes up management as it cuts revenue forecasts","date":"February 21, 2019","format":false,"excerpt":"\r Shares in online estate agency plunge more than 30% after news\r \r Source : ft.com\r Read more...Purplebricks shakes up management as it cuts revenue forecasts","rel":"","context":"In "Property 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