SWM 2.38% 20.5¢ seven west media limited

Nop,recovery is here, as post covid ( approx. 20% increase , I...

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    Nop,
    recovery is here, as post covid ( approx. 20% increase , I think slide 13) in add market..

    key is Outlook 2h cost is down and on fy we will come up 1-2% up of approx 30mln on FY basis vs prior year

    this is a last year of onerous contract and phoenix investment as well...

    so, we see managment is calling that market is stabilising and turning ..
    if we turn in fy 2025 by 10% in Revenue or 150mln , most of it will go to ebitda..

    current numbers are transitional and baked all negativity but happy to buy now a bit more
 
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