Feb 19 (Reuters) - Seven West Media Ltd (SWM) :
- FY19 UNDERLYING EBIT GROWTH TARGET OF 0-5%
- INCREASED COST OUT TO DELIVER $30-40M NET GROUP SAVINGS IN FY19
- "IMPROVED SECOND HALF TREND, BUT EXPECT LOW SINGLE DIGIT DECLINE IN METRO TV AD MARKET FOR FINANCIAL YEAR"
- "LEVERAGE RATIO TO REDUCE BELOW 2X AT END OF FY19"
- GROUP NET DEBT REDUCED $121MLN YOY TO $589M AT 1H
News: SWM Seven West Media Says FY19 Underlying EBIT Growth Target Of 0-5%
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