Seek Limited
(ASX:SEK) says strong growth has propelled it to a record first half profit of $182.8 million, up a whopping 64 per cent on the same period last year.
Earnings growth across all divisions was a highlight while the company is a clear leader in the jobs advertising market place achieving 22 per cent of placements compared to 2 per cent for its nearest competitor.
Brand awareness is at 76 per cent and investment in South East Asia and other emerging markets via acquisitions is delivering good growth for the company.
Seek has upped the first half dividend by 36 per cent to 19 cents with further solid growth predicted and guidance is that second half earnings will exceed the first half.
