Seek's FY profit increases

Online employment website operator's profit buoyed by strong growth in its education division and robust results from international business.

Online employment website operator Seek has posted a 8% jump in its net profit after tax (NPAT) for the full year, with strong growth across its education division and robust results from its international business offsetting weaker domestic conditions.

The company reported NPAT of $141.1 million for the full year in line with analyst forecasts, with revenue soaring 40% to $620.2 million and earnings before interest, taxes, depreciation and amortisation (EBITDA) rising 24% to $239.6 million.

The company has tipped underlying net income, revenue and EBITDA to be greater in the current financial year than 2012-13.

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