Original article by Max Mason
The Australian Financial Review – Page: 21 : 24-Aug-18
APN Outdoor Group has posted a 2018 interim net profit of $17.8m, which is 13 per cent higher than previously. The outdoor advertising group has advised that it still expects underlying EBITDA of $92m to $96m for the full year, which is likely to be its last as a listed company after its acquisition by JC Decaux was cleared by the competition regulator. APN Outdoor CEO James Warburton has declined to comment on his future, but sources have indicated that he is likely to leave the company when the deal is completed.
CORPORATES
APN OUTDOOR GROUP LIMITED – ASX APO, JC DECAUX SA, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, OOH!MEDIA LIMITED – ASX OML, ADSHEL PTY LTD, HT&E LIMITED – ASX HT1, TEN NETWORK HOLDINGS LIMITED, SYDNEY TRAINS, NEW SOUTH WALES. ROADS AND MARITIME SERVICES, TRANSPORT FOR BRISBANE, SYDNEY AIRPORT – ASX SYD