Seek Limited · ASX:SEK

Seek — H1 2019 Earnings Presentation

44 slides from Seek's earnings presentation, Feb 27, 2019

  1. Slide 1: SEEK Limited H1 19 Results Presentation

    For personal use only SEEK Limited H1 19 Results Presentation 6 months to 31 December 2018

  2. Slide 2: SEEK's Purpose and What to Expect from SEEK

    SEEK’s Purpose: To help people live more fulfilling and productive working lives and help organisations succeed Asia Pacific & Americas (AP&A) SEEK Investm Candidat. Relationships c40m+ c150m+ Hi Relationships c200k+ c700k+ Population Exposure c900m c2b What to expect from SEEK? * Jo solve important

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  4. Slide 4: Pursuing a greater share of an enormous market opportunity

    ...aS We aggressively pursue a greater share of an enormous market opportunity. Phases in SEEK’s History Phase 1 Phase 2 Phase 3 Phase 4 Commenced 1997 Commenced 2005 Commenced 2012 Commenced 2015 cA$10b" cA$20b cA$30b cCA$5O00M+ (ANZ & SEEK int’ footprint! (ANZ & SEEK Int'l footprint] (ANZ & SEEK I

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  7. Slide 7: Consistent strategy with long-term focus has created shareholder value

    A consistent strategy with a long-term focus and sustained investment has created significant shareholder value Revenue CAGR of 29% Consistent Long-term focus Meni leaders EBITDA CAGR of 29% muons + & sustained + exposedtolarge — (CAGR period H1 04-H1 19) ps addressable strategy investment markets S

  8. Slide 8: Group Financial Performance

    For personal use only Group Financial Performance

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  13. Slide 13: Asia Pacific & Americas (AP&A)

    For personal use only Asia Pacific & Americas (AP&A)

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  22. Slide 22: SEEK Investments

    For personal use only SEEK Investments

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  29. Slide 29: Outlook

    For personal use only Outlook

  30. Slide 30: FY19: Short term guidance

    FY19: Short term guidance Context to FY19 Guidance: 1. Over the last few months we have seen a slowdown in macro conditions in a number of our key markets which has resulted in an easing of ad volume and billing growth. However, our relative market positions have remained consistent during this time

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  32. Slide 32: Appendices

    For personal use only Appendices

  33. Slide 33: SEEK Group: Reconciliation to Statutory results

    SEEK Group: Reconciliation to Statutory results H119 H1 18 Statutory — Significant Statutory Statutory Significant Statutory Result Items Result excl Result Items Result excl Significant items Significant items Revenue AP&A 360.2 0.0 360.2 334.4 0.0 334.4 SEEK Investments 397.0 0.0 397.0 293.1 0.0 2

  34. Slide 34: IFRS reconciliation

    up: IFRS 15 reconciliation H118 H119 Growth FY18, Pre IFRS 15 IFRS 15 Restated Pre IFRS 15 IFRS 15 Reported Pre IFRS 15 Post IFRS 15 Pre IFRS 15 IFRS 15 Restated Impact Impact Impact Revenue ANZ 196.7 26 199.3 222.0 (0.3) 221.7 13% 11% 411.8 (2.1) 409.7 SEEK Asia 70.8 0.7 71.5 83.9 0.8 84.7 19% 18%

  35. Slide 35: SEEK Group: H1 Segment Results

    SEEK Group: H1 19 Segment Results H1 19 Segment Results (from p.16 of SEEK’s Interim Financial Report) Corporate Asia Pacific & Americas ‘SEEK Investments costs Total SEEK Brasil ANZ Asia Online occ Other Total Zhaopin OES ESV Total Half-year ended 31 Dec 2018 Notes sm sm $m $m sm sm sm $m $m $m $m

  36. Slide 36: Strong and diversified balance sheet

    Strong and diversified balance sheet Net debt breakdown Key insights 31 Dec 2018 Strong Group balance sheet a Short Net Facility Borrowings Cash term FUNAS° Cash ; mi Investments 4@P°Sit’ (nebt) ~~ * Robust balance sheet with reported net debt of A$660m A$m A$m A$m A$m A$m (Jun-18: A$573m) SEEK Limi

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  38. Slide 38: Purchase Price Amortisation (PPA) - Summary

    Purchase Price Amortisation (PPA) - Summary PPA profile (pre tax & NCI)! Key Insights Ag * Purchase Price Allocation (“PPA”) expenses relate 70 to the amortisation of finite life intangibles arising _— from acquisitions 6.0 * PPA expenses [opposite] are the 100% amounts that are consolidated into th

  39. Slide 39: SEEK Asia - Key Operating Metrics

    SEEK Asia - Key Operating Metrics JebStreet.com yoosDB... Mature Developing markets! markets! ————————— Visits (m)? H1 19 monthly average 18.8 27.0 PCP growth 6% 17% _——————— Jobs Ads (#) H1 19 monthly average 120,235 120,560 PCP growth 14% 26% YY a Hirers (#)¢ H1 19 monthly average 25,278 18,654 PC

  40. Slide 40: Latin America - Key Operating Metrics

    Latin America - Key Operating Metrics Brasil Online (Catho only) p> occ coccmundial.comr Visits (m)' _—— Jobs Ads (#)? a Invoiced jobseekers (#) Se Invoiced employers (#) a Profiles (m}? crv H1 19 monthly average PCP growth H1 19 monthly average PCP growth H1 19 monthly average PCP growth H1 19 mont

  41. Slide 41: Zhaopin - Key Operating Metrics

    Zhaopin - Key Operating Metrics No. of Completed Resumes (m) - as of period end Unique Online Customers (‘000) +15% 114.3 a1 1074 (EE 39 © 836 ; 57.1 665 b FY13 FY14 FY15 FY16 FY17 FY18 Q2FY18 Q2FY19 Average Daily Unique Visitors (m) +38% 775 686 613 510 ws 418 496 257 FY13 FY14 FY15 FY16 FY17 FY18

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  43. Slide 43: Disclaimer

    Disclaimer The material in this presentation has been prepared by SEEK Limited ABN 46 080 075 314 ("SEEK") and is general background information about SEEK’s activities current as at the date of this presentation. The information is given in summary form and does not purport to be complete. In parti

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SEEK — H1 2019 Earnings Presentation on 6ix