Original article by Lilly Vitorovich
The Australian – Page: 13 & 14 : 7-Jan-19
Seven West Media’s Pacific Magazines division posted EBIT of $9.6m in 2017-18, and it reduced costs by $32.2m. Pacific Magazines CEO Gereurd Roberts is upbeat about the outlook for its portfolio of titles, noting that it is the market leader in every category in which it has a presence. He adds that content is the priority for Pacific Magazines, while it aims to expand its digital business. Gereurd has also flagged the launch of a new monthly magazine in late January.
PACIFIC MAGAZINES PTY LTD, SEVEN WEST MEDIA LIMITED – ASX SWM, BAUER MEDIA AUSTRALIA PTY LTD