Original article by Max Mason, Sarah Thompson
The Australian Financial Review – Page: 20 : 14-Jul-16
Australian-listed APN Outdoor will increase its presence in Queensland and Victoria with two acquisitions in the outdoor advertising sector. Metrospace boasts 110 outdoor advertising panels across Queensland, while iOM has 130 such sites in Victoria. They are expected to boost APN’s earnings by around $A13m in total. Australia’s out-of-home advertising sector boasted revenue of $A184.4m in the June 2016 quarter.
CORPORATES
APN OUTDOOR GROUP LIMITED – ASX APO, METROSPACE OUTDOOR ADVERTISING, IOM PTY LTD, OOH!MEDIA LIMITED – ASX OML, QMS MEDIA LIMITED – ASX QMS, VAL MORGAN OUTDOOR, HOYTS CINEMAS LIMITED, ACTIVE MEDIA GROUP PTY LTD, OAKTREE CAPITAL MANAGEMENT LLC, FITNESS FIRST AUSTRALIA PTY LTD, GOODLIFE HEALTH CLUBS, JUNKEE MEDIA PTY LTD, ADSPACE, INLINK, PRICEWATERHOUSECOOPERS AUSTRALIA (INTERNATIONAL) PTY LTD, OUTDOOR MEDIA ASSOCIATION INCORPORATED