StockMarketWire.com - Purplebricks Group reconfirms that it has had a good start to the calendar year and its expectations for the FY ending April 30 remain unchanged.

These expectations were for trading to show year-on-year instruction growth, noting that the record level of valuations and instructions in January was in line with such views.

"As noted in the interim results announcement, the Company entered 2017 in its strongest positon ever with significantly increased LPE capacity, substantial growth in brand awareness, record instructions, sales and revenue together with a more advanced infrastructure," Purplebricks said.

"The Board confirms that, as expected with the start to the calendar year, the Company has seen record monthly valuations and instructions activity in January," it said.

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