Seek delivers record result

Company News

SEEK Limited (ASX:SEK) reports a 44 per cent lift in net profit to $281.2 million in its full-year earnings.
 
The jobs website highlighted investment in product and tech and the benefits of re-investment. 
 
Chief executive Andrew Bassat said Seek was uniquely positioned to capture large market opportunities across the human capital management industry.
 
However the firm warned of slower earnings and revenue growth in the year ahead, claiming that the next 1-2 years will be a transitional period. 
 
Seek will pay a final, fully-franked dividend of 17 cents per share.

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