Australia's Sports Entertainment hits over 2-month high on HY profit, strong FY outlook
ReutersFeb 18, 2026 3:52 AM
Sports Entertainment SEG.AX jumps as much as 10.9% to A$0.305, highest since November 27
Stock marks biggest intraday pct gain in more than two months
Sports management and media firm posts HY profit after tax attributable of A$3.2 mln ($2.3 mln) vs year-ago loss attributable of A$427,000
HY revenue jumps up 28% on pcp
Co declares 1 AU cent/share ordinary interim dividend, 3 AU cents/share special interim dividend
Expects FY26 EBITDA growth outlook to be at least 40%, up from earlier outlook of at least 20%, aided by revenue growth
SEG up 8.9% YTD
($1 = A$1.4152)
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Related Articles
When Investing in Virtual Land or the Metaverse, Why Meta Is the Best Choice?
TradingKey - Interest in digital real estate peaked in the early 2020s, but now that interest in it has cooled, and prices have dropped, the practical questions start for investors. If investors want exposure to virtual land or the Metaverse, how should investors approach it? For virtual land investTradingKey
7 hours ago
Bitcoin Price Prediction 2029-2035: Institutional Accumulation and the U.S. Treasury’s Strategic Reserve Pivot
Explore the 2026 Bitcoin landscape: From the U.S. Strategic Reserve and Michael Saylor’s $75B war chest to Cathie Wood’s 2030 forecast. Is BTC the new Digital Gold?TradingKey
Fri, Feb 13
This $1 Trillion AI Stock Is Getting Ready for 2026: Is Meta a Good Buy?
When ads and commerce are factored in, Meta is building a long-term platform—in Augmented Reality and smart glasses — to get us closer to the future of AI. This device hardware business is less profitable than ads right now, but it could grow the company’s ecosystem and open up new ways for it to maTradingKey
Thu, Feb 12
