SWM seven west media limited

Ann: 2023 Annual Report, page-7

  1. 467 Posts.
    lightbulb Created with Sketch. 48
    Quick highlight summary:
    - 7.9% decline in TV ad market.
    - NBCUniversal costs held YoY growth to <1%.
    - Achieved >39% revenue share in 1H23 & 4Q; FY23 underlying share up 1.2 points
    - NBCUniversal content boosts digital audience; 2 billion minutes annually expected by 2024.
    - 7Digital EBITDA growth at 17%; digital earnings now >49%.
    - Group EBITDA: $280M, down 18% YoY.
    - Net cashflow: $155M, down 19%; Net debt: $249M.
    - Group revenue: $1,488M, down 3% YoY.
    - EBITDA & EBIT down by 18% & 23%, respectively.
    - Statutory net profit: $146M, down 27% YoY
    Last edited by ChrissyJWatto: 16/08/23
 
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