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Purplebricks 'doing well' despite poor UK housing market - Proactive's Jon Hopkins

Published: 12:22 29 Jun 2017 BST

Jon Hopkins, senior reporter at Proactive Investors talks through Purplebricks Group  PLC's (LON:PURP) results for the year to the end of April 2017.

The digital estate agency saw its loss on ordinary activities before tax reduced to £6.059mln, down from an £11.90bn loss a year earlier, as revenue more than doubled to £46.7mln, up from  £18.6m in 2016.

The group said its UK operation had achieved its first operating profit, of £200,000, and had seen sales of £5.8bn worth of UK homes.

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