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SEEK Limited (ASX:SEK)

ALERT: Price-sensitive ASX Announcement for SEK
Current share price for SEK : $12.585 -3.485 (-21.69%)+
Announcement
Release
12 Aug 2026 8:27AM
Price at Release
$16.070
Full Release
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Summary
SEEK Limited's FY2026 results presentation highlights significant financial performance, with notable increases in EBITDA, net revenue, and adjusted profit. The company achieved growth through strategic investments in AI and product development, maintaining operational leverage despite increased expenditure. This performance allowed SEEK to declare a record dividend and improve its leverage ratio. The outlook for FY27 suggests continued growth, focusing on revenue and EBITDA, with controlled expenditure and further investment in strategic areas.
Key Points
  • SEEK Limited reported significant financial growth for the fiscal year 2026, with a 15% increase in EBITDA and a 28% rise in adjusted profit.
  • The company's revenue reached AUD 1,284 million, driven by a 10% growth in net revenue and a 15% increase in the APAC employment marketplace.
  • Operational leverage improved, with total expenditure rising 8% and operating expenses up 6%, while CAPEX increased by 17%.
  • Free cash flow increased by 21% due to earnings growth and improved cash flow conversion ratios.
  • The company declared a record full-year dividend of 52 cents per share, reflecting a 13% increase.
  • SEEK's net leverage ratio improved to 1.8x, with net debt at AUD 962 million.
  • The outlook for FY27 includes a revenue growth forecast of 5% and EBITDA growth of 6%, with a focus on cost control and strategic investments in AI and product innovation.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.