Domain Holdings Australia (ASX:DHG) anticipates expansion of its EBITDA margin for the financial year 2024 (FY24).
The company’s trading in the initial six weeks of FY24 indicates early recovery in new ' for sale' listings across the Sydney and Melbourne markets.
It also expects FY24 expenses to increase by a mid to high single digit percentage from the FY23 expense base of A$237.1 million, excluding discontinued operations.
Domain Holdings Australia is engaged in real estate advertising and services, primarily in Australia.