FY21 Result: A solid FY21 result for Domain particularly at the profit line which beat expectations by ~10%. The aspect that stood out to MM was guidance around rising costs plus the near term revenue outlook remains uncertain, much like REA implies when they reported. Higher costs and uncertain revenue due to lockdowns and listing volumes creates uncertainty in the near term although the 2-3 years outlook remains a solid one. Shares finished up 4.71%.
MM is neutral DHG around $4.90
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