2 May 2018:
 Fairfax Media Limited [ASX:FXJ] ('Fairfax' or 'Company') Chief Executive Greg Hywood will today deliver a presentation at the Macquarie Australia Conference in Sydney.

Presentation commentary and accompanying slides are attached.

As is our usual practice, the presentation contains a trading update, the details of which have been extracted below:

Trading Update

  • Trading in the first 17 weeks of FY18 H2 (25 December 2017 to 22 April 2018) saw overall Group revenues around 1% below last year.
  • Revenue across our reporting segments:
    − Domain's digital revenue growth is 21% and total revenue growth is 13%;
    − Australian Metro Media is down around 2%;
    − Australian Community Media is down around 9%;
    − Stuff (New Zealand Media) is down around 8% including currency impact;
    − Macquarie Media is up around 4% (up 6% excluding disposals).
  • Across the Fairfax Group, we continue to implement cost savings measures.

Attachments

  • Original document
  • Permalink

Disclaimer

Fairfax Media Limited published this content on 02 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 01 May 2018 23:06:02 UTC