Seven West Media’s half year revenue dips due to ‘weaker advertising market across total TV’
Seven West Media (SWM) first half year earnings for the 2023 financial year show that net profit after income tax, group revenue, and EBITDA all dropped compared to the same period last year.
The media company saw a statutory net profit after income tax of $114.9 million for H1 2023 (compared to $120.5 million last corresponding period) on group revenue of $815.4 million. EBITDA was $205 million, a decrease of 4.8% year-on-year (YoY).
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