Seven West Media posts lowest H1 EBITDA ever in final update
Jeff Howard addresses the crowd at the Seven Upfront
Seven West Media’s final financial results show a business struggling against the prevailing winds in media, posting its lowest first half EBITDA ever.
Southern Cross Media, which was Southern Cross Austereo and now incorporates SWM, released the H1 FY26 results to coincide with Seven Group Holding’s release of accounts (which also include SWM).
SWM’s EBITDA for the half of $67m was down 27% ($25 million) on the same period a year earlier, which management said was “in line with November AGM guidance”. While Seven warned investors of headwinds during its AGM, it didn’t put an explicit figure on the earnings fall.
