LONDON (MarketWatch) -- U.K. property Website operator Rightmove (UK:RMV 428.40, 0.00, 0.00%) said Friday that its first-half profit rose to 13 million pounds, from 12.6 million pounds at the same point a year ago, helped by cost cutting. Revenue fell to 33.6 million pounds, from 37.8 million pounds last year, hit by a decline in the number of estate agents operating and less developments being marketed. "We appear now to be in a period where the number of offices and developments being marketed is sustainable, with the prospect of growth in our advertiser numbers over the coming year," the firm said after it saw the highest monthly revenue for the year in July. "The board is confident of exceeding market expectations for 2009," it said.
