Seven West Media (SWM) - FY15 net profit slightly above our estimates

Bell Potter

SWM's total operating costs were 3% lower to $1368m, Advertising Trends: “low single digit growth” for TV advertising markets in FY16e, noting Newspaper ad market is showing early signs of improvement. Read our full summary here: (VIEW LINK) Our full research report will be available tomorrow exclusively to Bell Potter clients.


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