Feb 24 British property website Rightmove
reported higher 2016 profit as more customers logged on
to its sites to buy and sell houses, but said traffic to its
website generated fewer leads for brokers as the Brexit vote
dampened housing market activity.
Operating profit grew 18 percent to 161.6 million pounds,
but the number of leads it generated for its clients fell 6
percent to nearly 47 million.
Rightmove also said Peter Brooks-Johnson, currently chief
operating officer, would become chief executive when current CEO
Nick McKittrick retires at its general meeting on May 9.
(Editing by Jason Neely)