Property website Rightmove posted a 23% rise in full-year profit as it said its position as clear market leader helped it benefit from more and more property advertising moving online.
The company on Friday posted underlying operating profit of £69.4 million on revenue 19% higher at £97 million.
Managing director Ed Williams said: "With further strong growth in 2012, there is every prospect that this will be the year when the property industry's spend on advertising on the internet will exceed that on local newspapers for the first time."
Analysts at Numis said the results, which were slightly ahead of expectations, were a "commendable performance given the lacklustre state of the UK property market".
Rightmove raised its final dividend to 11p, from 9p a year ago, giving a total payout for the year of 18p.
