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Seek: 1H22 Earnings

Seek is under Algo Engine buy conditions.

The 1H22 performance looks strong, with revenue from continuing operations increasing 59% to $517m, reported profit up 152% to $126m. Total reported profit rose 32% to $88.1 million.

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The company expects full-year revenue to be in the range of $1bn to $1.1bn and EBITDA to be in the range of $490m – $515m, NPAT to be in the range of $230m – $250m.

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