FXJ fairfax media limited

News: FXJ Fairfax Media updates on outlook

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    Aug 16 (Reuters) - Fairfax Media Ltd (FXJ)

    • Fairfax media plans to retain 60% of Domain, with 40% distributed to Fairfax shareholders
    • Fy18 revenue trends are expected to be more in line with h2 of fy17
    • for fy18, Domain's costs expected to rise about 13 percent (10 percent like for like excluding acquisitions)
    • Domain shares are expected to commence trading in mid to late November
 
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