Investing.com - Financial Markets Worldwide
🤑 It doesn’t get more affordable. Grab this 60% OFF Black Friday offer before it disappears…CLAIM SALE

BRIEF-Seven West Media FY preliminary net profit for period A$184.3 mln

Published 02/08/2016, 09:42 am
Updated 02/08/2016, 09:50 am
© Reuters. BRIEF-Seven West Media FY preliminary net profit for period A$184.3 mln
SWM
-

Aug 1 (Reuters) - Seven West Media Ltd SWM.AX :

* Preliminary FY revenue from ordinary activities A$1.72 billion versus A$1.77 billion

* FY preliminary net profit for period attributable to members A$184.3 million versus loss of A$1.89 billion

* Says final dividend of 4 cents per share (fully franked) has been declared

* Outlook for advertising market over coming twelve months will see television advertising market to be flat to down in low single digits

* Operating cost growth across Seven West Media for 2016-2017 financial year is expected to be in line with CPI including AFL

* Overall outlook for the advertising market for 12 motnhs will see television advertising market to be flat to down in low single digits

* Underlying group EBIT is expected to be down 15-20 per cent in the coming year

Source text for Eikon

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.