Domain (DHG) moves higher after delivering first results
Stock
Domain Holdings (DHG) $3.29 as at 13/08/208Event
After a choppy open, the real estate listings website Domain is trading higher following their FY18 results announcement. The result was mostly in line for the period, however commentary was more upbeat than the market was expecting. This result was the first full year report since demerging from Fairfax late last year, whilst also the first opportunity for the market to review the company’s progress post the departure of Sam Catalano but come before new CEO Jason Pellegrino commences later this month.
