10% revenue increase and 30% profit surge at Seven Group Holdings, despite media business struggles.
Stokes family's Seven Group Holdings, parent of troubled Seven West Media, sees 10% revenue increase to $10.6B and a 30% net profit surge to $850M. Analysts upgrade stock due to strong performance, despite media business struggles. Family's 51% stake in Seven Group more than doubles in value to $8B over two years.
August 18, 2024
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