FINANCIALS: Australian SEEK sees revenue increase

Australasian-based job board SEEK has seen year-on-year revenue increase 22% in its financial results for the six months ended 31 December 2015.
Mon, 29 Feb 2016

Australasian-based job board SEEK has seen year-on-year revenue increase 22% in its financial results for the six months ended 31 December 2015.

The results, published this morning, reveal revenue jumped to A$482m (£344.5m) from $395.3m in the second half of 2014.

Earnings before interest, taxes, depreciation and amortisation (EBITDA) also increased to $193.3m from $168.5m over the same period. The group posted reported net profit after tax (NPT) of $275.1m, up from $182.8m and underlying NPT of $102.4m, up from $94m in the same period last year.

In Australia and New Zealand, SEEK posted revenue of $151.8m, up 15% and $298m, in its international operations, up 34%.

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