Original article by Stephen Brook
The Australian – Page: 28 : 22-Aug-17
APN Outdoor Group has posted a 2017 interim net profit of $A15.8m, which is 19 per cent lower than previously. The result was marred by pre-tax costs of $A3.4m arising from its proposed merger with oOh!media, which was abandoned following indications that it was likely to be rejected on competition grounds. APN Outdoor’s revenue for the half-year rose by eight per cent to $A162.3m, as the company continued to expand its network of digital advertising billboards.
CORPORATES
APN OUTDOOR GROUP LIMITED – ASX APO, OOH!MEDIA LIMITED – ASX OML, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, YARRA TRAMS, METRO TRAINS MELBOURNE PTY LTD, ADELAIDE METRO, PERTH RAIL