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AUSTRALIA'S SEEK LTD LIFTS EARNINGS GUIDANCE FOR FY06.

AsiaPulse News

| May 03, 2006 | COPYRIGHT 2006 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SYDNEY, May 3 Asia Pulse - Online employment operation Seek Ltd (ASX:SEK) has lifted its earnings guidance for the current financial year as the employment market remains strong.

Seek today said it expects earnings before interest, tax, depreciation and amortisation (EBITDA) of $A46 million ($US34.76 million) to $47 million in 2005/06, up from the previous guidance of $43 million and ahead of the prospectus forecast of $40 million.

The company said it had seen a strong performance in the third quarter of 2005/06.

"The employment market continues to be strong and in line with prospectus forecasts," joint chief executive ...

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Source: HighBeam Research, AUSTRALIA'S SEEK LTD LIFTS EARNINGS GUIDANCE FOR FY06.

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