Seven West Media
Stock Code
Stock Exchange
Seven West Media Limited (formerly West Australian Newspapers Holdings Limited) is a Western Australian based news and media group. The company is principally engaged in newspaper and digital (online) publishing, commercial printing and radio broadcasting. SWM has five operating segments: The West Australian, Regionals, Quokka, Radio and Others. The West Australian segment includes the West Australian newspaper and insert magazines. Regionals segment includes the Countryman and other newspapers published in regional areas of Western Australia.
Seven West Media (ASX:SWM) has reported its first half results to their shareholders, investors and stock traders.
- Seven West Media Net Loss of $109.3 million from a net profit of $163 million for the previous corresponding period.
Kerry Stokes' Seven West Media (ASX:SWM) have released their full year financial results for FY 2012 to the ASX stockmarket.
- Net profit up to $226.9 million, up 97.1 percent from $115.1 million the previous year.
- The increase due largely to a larger company from West Australian Newspapers taking over Seven in April 2011.
- Seven network revenue $1.1 billion, but costs increased by 9.3 percent.
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