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Seven West Media Ltd

SWM.AX

Latest Trade

0.25AUD

Change

0.00(0.00%)

Volume

2,737,740

Today's Range

0.24

 - 

0.26

52 Week Range

0.06

 - 

0.38

As of on the Australian Stock Exchange Ltd ∙ Minimum 15 minute delay

Latest Developments

Seven West Media Targets $30 Mln-$50 Mln Further Cost Out Initiatives In FY21

Nov 12 (Reuters) - Seven West Media Ltd <SWM.AX>::TARGETING $30 TO $50 MILLION IN FURTHER COST OUT INITIATIVES IN FY21.NOT IN A POSITION TO GUIDE ON FY21 EARNINGS.EXPECT FY21 OPERATING COSTS, EXCLUDING DEPRECIATION AND AMORTISATION IN THE RANGE OF $1.03 AND $1.05 BILLION.

Seven West Media Says Unable To Guide To FY21 Earnings

Aug 25 (Reuters) - Seven West Media Ltd <SWM.AX>::UNABLE TO GUIDE TO FY21 EARNINGS.ADVERTISING MARKET CONDITIONS REMAIN VOLATILE & UNPREDICTABLE IN 1QFY21, BUT RATE OF DECLINE HAS MODERATED SINCE 4QFY20.DIVESTMENT PROCESSES ONGOING FOR TXA, VENTURES AND STUDIOS.

Seven West Media Ltd says FY Revenue And Other Income $1.23 Billion Versus $1.43 Billion

Aug 25 (Reuters) - Seven West Media Ltd <SWM.AX>::SEVEN WEST MEDIA LTD - FY REVENUE AND OTHER INCOME $1.23 BILLION VERSUS $1.43 BILLION.SEVEN WEST MEDIA - FY NET LOSS ATTRIBUTABLE $162.1 MILLION VERSUS LOSS OF $324.3 MILLION.

Seven West Media Amends $750 Mln Banking Facilities

July 30 (Reuters) - Seven West Media Ltd <SWM.AX>::AMENDED ITS $750 MILLION BANKING FACILITIES WITH COMPANY'S EXISTING LENDER GROUP.EXTENDED MATURITY ON $450 MILLION IN LIMITS FROM 2H21 TO 2H22.SUBSTITUTION OF EXISTING COVENANTS UNTIL DECEMBER 2021 IN BANKING FACILITIES.IMPLEMENTATION OF $170 MILLION IN PERMANENT COST REDUCTION INITIATIVES ACROSS SWM.SEES MAJORITY BENEFITS FROM COST REDUCTION IN FY20 AND FY21 ACROSS TV & NEWSPAPERS.SAW ADDITIONAL TEMPORARY SAVINGS OF $50 MILLION IN FY20 TO OFFSET IMPACT OF WEAK AD MARKETS.

Seven West Media Announces A Revised Contract With AFL For Seasons 2020, 2021 & 2022

June 11 (Reuters) - Seven West Media Ltd <SWM.AX>::ANNOUNCES A REVISED CONTRACT WITH AFL FOR SEASON 2020 AS WELL AS 2021 AND 2022.EXPECTS TO DERIVE $87M IN NET BENEFITS OVER EXISTING CONTRACT PERIOD (2020-2022).SEVEN WEST MEDIA ANNOUNCES FURTHER EXTENSION OF CONTRACT WITH AFL FOR 2 YEARS FOR SEASONS 2023 AND 2024.

Seven West Media Completes Sale Of Pacific Magazines To Bauer

May 1 (Reuters) - Seven West Media <SWM.AX>: :COMPLETES SALE OF PACIFIC MAGAZINES TO BAUER.

Seven West Media Refers To Media Article On Asset Sale

April 27 (Reuters) - Seven West Media Ltd <SWM.AX>::CONFIRMS RECEIVED NON-BINDING OFFER ON SALE & LEASEBACK BASIS.GOT NON-BINDING OFFER FROM PARTY UNDERTAKING DUE DILIGENCE TO ACQUIRE OSBORNE PARK FACILITY IN PERTH.

ACCC Says Will Not Oppose Bauer Media's Proposed Acquisition Of Pacific Magazines

March 26 (Reuters) - Australian Competition And Consumer Commission::WILL NOT OPPOSE BAUER MEDIA’S PROPOSED ACQUISITION OF PACIFIC MAGAZINES.DECIDES PROPOSED ACQUISITION WAS NOT LIKELY TO SUBSTANTIALLY LESSEN COMPETITION IN RELEVANT MARKETS.

Seven West Media Announces Withdrawal Of FY20 Guidance

March 24 (Reuters) - Seven West Media Ltd <SWM.AX>::WITHDRAWAL OF FY20 GUIDANCE.LOCAL PRODUCTIONS ARE FACING CHALLENGES WITH TRAVEL RESTRICTIONS AND COVID-19 ISSUES.WITHDRAWS FY20 EARNINGS GUIDANCE DUE TO FALL IN AD MARKET ACTIVITY, AND SUSPENSION/POSTPONEMENT OF PRODUCTIONS AND EVENTS.OLYMPIC POSTPONEMENTS LIKELY TO RESULT IN RIGHTS PAYMENTS BEING PUSHED BACK TO REFLECT REVISED SCHEDULING.

Seven West Media Sees FY20 Underlying EBIT Between $165 Mln To $175 Mln

Feb 18 (Reuters) - Seven West Media Ltd <SWM.AX>::SEES FY20 UNDERLYING EBIT BETWEEN $165 MILLION TO $175 MILLION.IN FY20, TO CONDUCT STRATEGIC REVIEWS OF UNDERVALUED/SURPLUS ASSETS.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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