SEEK net profit attributable to members falls 5% to $340.4m

Company News

by Jessica Amir

SEEK (ASX:SEK) has reported its net profit after tax attributable to shareholders fell 5 per cent to $340.2 million in the 2017 financial year.

Australia’s leading online job site saw its total revenue rise 9 per cent in the 12 months to $1.05 billion. In fact, it was the first time the company exceeded the $1 billion in sales mark.

The group also strengthened its EBITDA (before significant items) to $375.8 million in the year.

The company declared an interim dividend of 23 cents fully franked, and a final 2017 dividend of 21 cents fully franked, payable on 13 October 2017.

Shares in SEEK (ASX:SEK) are trading over 3.9 per cent lower to $17.13.
 

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