Original article by Jake Mitchell
The Australian – Page: 21 : 23-Aug-16

Australian-listed APN Outdoor has posted a 2016 interim net profit of $A19.5m, which is 49 per cent higher than previously. EBITDA rose by 31 per cent to $A34.8m, and revenue was 10 per cent higher at $A150.6m. However, the outdoor advertising group has advised that it expects EBIT for the full year to be within the range of $A79m to $A84m, down from previous expectations of $A84m to $A88m. APN Outdoor’s shares fell by 35.3 per cent on 22 August, closing at $A5.33.

CORPORATES
APN OUTDOOR GROUP LIMITED – ASX APO, OOH!MEDIA LIMITED – ASX OML, QMS MEDIA LIMITED – ASX QMS, WILSON ASSET MANAGEMENT