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Seek Limited Reports Strong Strategic Priorities in H1 FY2025 Despite Revenue Decline

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Seek Limited Reports Strong Strategic Priorities in H1 FY2025 Despite Revenue Decline

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The latest update is out from Seek Limited ( (AU:SEK) ).

Seek Limited’s FY2025 half-year results show strength across strategic priorities, including improved placement share in Australia and New Zealand and Asia, despite a decline in overall sales revenue by 4%. The company achieved a notable increase in free cash flow due to reduced capital expenditure and enhanced cash conversion, which enabled a higher interim dividend. Additionally, the valuation of the SEEK Growth Fund increased, supported by a partial sell-down of its Employment Hero stake. These financial maneuvers reflect a strategic focus on operating leverage and cost flexibility, positioning the company favorably in its industry.

More about Seek Limited

Seek Limited operates within the online employment marketplace industry, providing employment, education, and volunteer opportunities primarily across Australia, New Zealand, and Asia. The company focuses on connecting job seekers with employers and is heavily involved in leveraging digital platforms for talent acquisition and human resources solutions.

YTD Price Performance: 10.45%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $5.54B

For an in-depth examination of SEK stock, go to TipRanks’ Stock Analysis page.

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