• Revenue and other income down 6.2% to $727.3m
• EBIT down 32.8% to $71.0m
• Profit after tax excluding significant items down 40.2% to $37.4m

Seven West Media Limited (ASX: SWM) has reported its financial results for the half year ended 31 December 2024. The company reported revenue and other income of $727.3 million, down 6.2% from the previous corresponding period. EBIT (profit before significant items, net finance costs and tax) was $71.0 million, down 32.8%. Profit after tax excluding significant items was $37.4 million, a decrease of 40.2%. The company cited declines in the TV advertising market and the impact of specific one-off events as factors impacting its financial performance. Seven's content strategy continued to be successful, with the programming slate delivering audience consistency and strength, allowing Seven to claim the position as the number 1 network for National audience share for calendar year and survey year 2024. Seven's digital platform 7plus also saw significant audience growth, with a 36% increase in audience and 24% increase in Video On Demand audiences. The company remains focused on cost management and has implemented a revised operating model to respond to the revenue market challenges.

The company has not provided any high-importance, price-sensitive forward-looking financial metrics or other company-specific metrics in the announcement.