SYDNEY, Monday: AUNZ outdoor giant oOh!media has reported to the ASX that its pro-forma revenue has increased 5% to A$304.9 million.
Its underlying Ebitda is down 4% to A$56 million while underlying net profit after tax (NPAT) is down 24% to A$9 million. Its underlying NPATA of A$18.2 million is up 3%.
Looking across its product portfolio, the Commute division delivered a strong contribution, up 13% percent on a pro-forma basis.
Fly also increased its revenue by 13% while Locate by oOh! was up 10%. Retail revenue grew by 6%, and Road declined by 9%.
oOh! says its Road format is typically driven by big brand-based advertising which was adversely affected during the Australian federal election and softer macro-economic environment.
Alongside its results, oOh! has declared a fully franked interim dividend of 3.5 cents per share, which was steady on the prior corresponding period.
Share this Post
