Australia's Sports Entertainment hits over 2-month high on HY profit, strong FY outlook

Sports Entertainment

18/02/2026 03:52

** 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)

 (Reporting by Aamir Sheik Khalid in Bengaluru)

 ((Aamir.SheikKhalid@thomsonreuters.com))