Online real estate advertiser REA Group Limited (ASX:REA) has posted a 37 per cent jump in net profit in the 2014 financial year.
The company says net profit of $149.8 million reflects the underlying strength of the business and its robust strategy for local and international markets.
Interim CEO Peter Tonagh says acquisition activity has been strong and the company has invested more than $50 million in new technology, products and initiatives.
A final dividend of $0.35 per share will be paid.
