Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Seven West Media Limited ( (AU:SWM) ) has provided an update.
Seven West Media Limited reported positive earnings growth for the second half of FY25, with EBITDA up by 6% and underlying NPAT increasing by 33%. The company saw significant growth in its digital platform, 7plus, with revenue rising by 26% and daily active users increasing by 27%. Despite a 4% decline in overall group revenue, the company managed to reduce operating costs by 2%, aligning with its strategic plan to enhance growth. The results highlight a successful shift towards digital content, which is helping to offset declines in traditional broadcast TV revenue. The company’s strategic investments in digital content and cost management have positioned it well for future growth, despite challenges in the advertising market.
The most recent analyst rating on (AU:SWM) stock is a Sell with a A$0.16 price target. To see the full list of analyst forecasts on Seven West Media Limited stock, see the AU:SWM Stock Forecast page.
More about Seven West Media Limited
Seven West Media Limited is a prominent player in the media industry, primarily focusing on television broadcasting and digital content. The company operates in Australia and offers a variety of entertainment and news programming, with a strong emphasis on digital platforms such as 7plus, which features streaming and video-on-demand services.
YTD Price Performance: -3.33%
Average Trading Volume: 1,312,323
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$223.2M
For detailed information about SWM stock, go to TipRanks’ Stock Analysis page.