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Seven West Media Limited (ASX:SWM)

ALERT: Price-sensitive ASX Announcement for SWM
Current share price for SWM : $0.125 -0.015 (-10.71%)+
Announcement
Release
6 Nov 2025 10:22AM
Price at Release
$0.140
Full Release
download
Summary
The 2025 Annual General Meeting of Seven West Media Limited highlighted several key financial and operational performance metrics. The company reported a decline in total TV advertising revenue by 4% for FY25, with a slight improvement in the second half. Their digital platform, 7plus, saw significant growth with a 26% increase in advertising revenue. Operating costs were reduced by 2%, aligning with their cost discipline strategy. Seven West Media also acquired Southern Cross Media’s regional TV licenses, making it the largest commercial regional broadcaster in Australia. The company continues to focus on digital audience growth, cost reduction, and creating new revenue opportunities, despite macroeconomic challenges affecting traditional advertising revenues.
Key Points
  • Seven West Media's total TV advertising revenue declined by 4% in FY25.
  • 7plus advertising revenue increased by 26% year-on-year.
  • Operating costs reduced by 2% in line with guidance.
  • Acquisition of Southern Cross Media’s regional TV licenses was completed.
  • Focus on digital growth and new revenue streams continues.
  • The total TV audience increased by 1.1% in FY25.
  • The West's digital audience saw strong growth, with page views up by 60%.
  • Overall costs were reduced by 2%, driven by cost control measures.
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.