First Impression: Seek-SEK FY16 Result

Bell Potter

Divisional Performance: ANZ Employment revenue up 15% to $313.1m, EBITDA up 15% to $177.8m; Seek International revenue up 18% to $592.3m and EBITDA up 17% to $193.1m (Key International assets EBITDA growth: Zhaopin up 19%, Brazil Online down 22% and Asia up 54%.); Seek Education revenue down 48% to $42.1m and EBITDA down 85% to $5.0m, EBITDA margin 12% | Early Stage Ventures: NPAT ($19.2m) | Net operating cash flow up 19% to $334.9m.


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