Seven delivered two years of improved profits for the first time in its history, so why wasn’t the market more impressed?

Welcome to a Wednesday afternoon edition of Unmade. Today we explore yesterday’s end of financial year update from Seven West Media.

Before we get into that, a reminder that you’re welcome to support us by subscribing to our paid membership tier. Amongst other stuff like discounted access to our future events, you get the full Tuesdata archive. If you’re curious about how the global holding companies that dominate the communications agency world compare, then yesterday’s Tuesdata offered you an up-to-date answer, taking in their most recent filings.

Why didn’t the market like Seven’s results?

We don’t usually start a post with the Unmade Index.

But it’s relevant to do that today, given the starring role played by Seven West Media.