News: SEK Seek Ltd Sees FY EBITDA Of About A$410 Mln

  1. 193,698 Posts.
    lightbulb Created with Sketch. 2825

    June 22 (Reuters) - Seek Ltd (SEK) :

    • IMPAIRMENT OF ASSETS IN FY20: NON-CASH IMPAIRMENT CHARGE OF A$190M TO A$230M
    • SEES FY20 REVENUE OF ABOUT A$1,575MLN
    • SEES FY EBITDA APPROXIMATELY A$410M
    • ANNOUNCING A TENDER AND CONSENT SOLICITATION OFFER TO EXISTING HOLDERS OF SEEK'S A$175M APRIL 2022 SENIOR GUARANTEED FLOATING RATE NOTES
    • WILL RECOGNISE A REPORTED NPAT LOSS IN FY20 DUE TO EXPECTED NON-CASH IMPAIRMENT CHARGE
    • AS AT 31 MAY HAD GROUP NET DEBT OF ABOUT A$932MLN
    • KEY COVENANT LIMITS INCREASED IN SENIOR SYNDICATED DEBT FACILITY THROUGH TO JUNE 2021
    • IMPAIRMENT TO BE RECOGNISED AGAINST CARRYING VALUE OF BRASIL ONLINE, OCC MUNDIAL, 4 MINORITY EARLY STAGE INVESTMENTS
    • MAKING AN OFFER TO HOLDERS OF A$175 MILLION FLOATING RATE SENIOR NOTES TO TENDER THEIR SENIOR NOTES FOR CO TO PURCHASE FOR CASH
    • WILL FUND OFFER VIA COMBINATION OF CO'S EXISTING SENIOR SYNDICATED DEBT FACILITY & AVAILABLE CASH BALANCES
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$24.61
Change
-0.010(0.04%)
Mkt cap ! $8.791B
Open High Low Value Volume
$24.60 $24.69 $24.29 $17.25M 702.0K

Buyers (Bids)

No. Vol. Price($)
1 940 $24.55
 

Sellers (Offers)

Price($) Vol. No.
$24.62 1112 1
View Market Depth
Last trade - 16.10pm 08/08/2025 (20 minute delay) ?
SEK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.