Outdoor advertiser reaps growth rewards

Original article by Stephen Brook
The Australian – Page: 27 : 21-Aug-18

Australian-listed oOh! Media has posted a 2018 interim net profit of $9.2m, which is three per cent higher than previously. The outdoor advertising group’s EBIT was up 11 per cent at $37.9m and revenue increased by 11 per cent to $192m. CEO Brendon Cook says oOh! Media will ramp up its investment in digital billboards and an online trading platform as part of its growth strategy. Shareholders will receive a fully franked interim dividend of $0.035 per share.

CORPORATES
OOH!MEDIA LIMITED – ASX OML, ADSHEL PTY LTD, HT&E LIMITED – ASX HT1, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, JUNKEE MEDIA PTY LTD, APN OUTDOOR GROUP LIMITED – ASX APO, JC DECAUX SA, QANTAS AIRWAYS LIMITED – ASX QAN

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