Fairfax Media: Result 2015

Results from Fairfax’s legacy newspaper businesses were a mixed bag but strong growth from Domain is giving management breathing space.

Fairfax Media’s online property classifieds business Domain is turning into an earnings dynamo. Domain, as we said in Fairfax’s prime real estate from 29 Jun 15 (Hold – $0.83), is now nipping at REA Group’s heels, having moved from ‘eating dust’ to a solid number two market position. It’s even pushing through price increases.

Strong result from Domain

Cost cutting benefited Metro Media

Risk of merger with another media company

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