Investor Day Presentation - 21 May 2025
| Stock | Seek Ltd (SEK.ASX) |
|---|---|
| Release Time | 21 May 2025, 8:36 a.m. |
| Price Sensitive | Yes |
Investor Day Presentation - 21 May 2025
- Strong foundations in place with leading market positions, customer franchise, and scalable platform
- Significant growth opportunities in core business to continue growth in placements and yield across APAC
- Clear execution plans to capture growth opportunities and achieve operating leverage
SEEK Limited presented its Investor Day Presentation on 21 May 2025, highlighting the company's strong foundations, significant growth opportunities, and clear execution plans to drive continued growth in placements and yield across the APAC region. The presentation emphasized that SEEK's investments to date have built a strong foundation for growth, with leading market positions, a well-established customer franchise, and a scalable platform. The company sees significant growth opportunities in the core business to continue growth in placements and yield across APAC, and has a clear plan to capture those opportunities and achieve operating leverage. Key focus areas include growing placements and yield, delivering operating leverage, and leveraging the company's unified platform and data capabilities to enhance the experience for both candidates and hirers. SEEK outlined its strategies for improving placement rates and quality, aligning pricing with value, and using automation to reduce hirer effort and lift placement success. The presentation also included product demonstrations showcasing SEEK's latest developments in areas such as AI-powered ad writing, personalized candidate experiences, and marketplace trust features.
FY25 revenue, EBITDA and Adjusted Profit are likely to be in the top half of guidance ranges. In ANZ, the recent upgrade of ad tiers will support low double digit yield growth in FY25 vs pcp. Asia revenue will be in line with pcp, including early impacts of the freemium launch in Singapore. Interest costs will be lower than original guidance following the receipt of funds from the SEEK Growth Fund's partial sell down of Employment Hero. FY25 total expenditure will be in line with prior expectations.
SEEK sees significant growth opportunities in the core business to continue growth in placements and yield across APAC. The company has a clear plan to capture those opportunities and achieve operating leverage, focusing on growing placements and yield, and delivering operating leverage through initiatives such as product development, scale efficiencies, and AI-powered pricing and automation.