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Seven West Media Limited ( (AU:SWM) ) has shared an announcement.
Seven West Media reported a 6% decline in revenue for the first half of fiscal year 2025, reflecting a challenging advertising market and the impact of major sporting events. Despite these challenges, the company increased its TV revenue share to a record 41.5% for a non-Olympic broadcaster and achieved significant audience growth on its digital platform 7plus, particularly in sports content. Operating costs were reduced by 2%, and the company remains focused on further cost efficiencies and adapting to the evolving media landscape to stabilize and grow earnings and cash flow.
More about Seven West Media Limited
Seven West Media Limited is a prominent company in the media industry, known for its television broadcasting services and digital platform 7plus. The company focuses on delivering a wide range of content, including sports, news, and entertainment, with a strong emphasis on audience engagement and revenue generation through digital sports rights.
YTD Price Performance: 8.75%
Average Trading Volume: 579
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €149.5M
Learn more about SWM stock on TipRanks’ Stock Analysis page.
