Seven West Media (SWM) +6.38%: looked a good result for Seven with lower costs helping the first half beat to earnings. Digital revenue growth remains a large driver though the outlook for TV is improving with the market believing it could capture a bigger share of the market though to 2022 – starting with the Olympics this year. An improving balance sheet & keeping costs under control will be key moving forward, however they’re talking a better game in the 2H as good momentum builds.
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Buy Hold Sell: The best and worst performers of FY25
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Wednesday 16th July – ASX -73pts, EVN, RIO, NEM
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Wednesday 16th July – Dow off 436pts, SPI down -66pts
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Price change after positive earnings surprises – Source Bloomberg
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Price change after positive earnings surprises – Source Bloomberg
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