UK's Rightmove expects investments to slow profit growth in 2026
07/11/2025 07:52
Nov 7 (Reuters) - Rightmove RMV.L, Britain's biggest property portal, on Friday forecast slower profit growth in 2026, weighed down by investments of about 18 million pounds ($24.2 million) it expects to make, primarily in artificial intelligence, to bolster operations in the long term. The company forecast 2026 underlying operating profit growth of 3% to 5%, slower than the 9% growth at the end of the first half of 2025. Revenue in 2026 is expected to grow similar to 2025. ($1 = 0.7451 pounds) (Reporting by Pushkala Aripaka in Bengaluru; Editing by Mrigank Dhaniwala) ((pushkala.a@thomsonreuters.com; X and LinkedIn: @pullthekart;))