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Seek returns to profit after navigating COVID-19

Miranda Ward
Miranda WardMedia writer
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Key Points

  • Full-year revenue ($m) 1591.1, up 0.9pc
  • EBITDA ($m) 473.6, up 15.3 pc
  • Net profit ($m) 752.2 v -113.1
  • Final dividend (¢) 20 v nil 
  • Date dividend payable: October 5

Seek is focused on looking after its staff and keeping its eye on its long-term strategy as it navigates uncertainty sparked by the COVID-19 pandemic and related lockdowns, says chief executive Ian Narev.

The job classifieds business returned to profit in the 2021 financial year after initially being hit by the effect of COVID-19 before a strong recovery in its Australia, New Zealand and Asian markets.

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Miranda Ward is a journalist covering media and marketing for The Australian Financial Review based in the Sydney office. Connect with Miranda on Twitter. Email Miranda at miward@afr.com
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    Original URL: https://www.afr.com/companies/media-and-marketing/seek-returns-to-profit-after-navigating-covid-19-20210824-p58ld0