oOh media Ltd ( (AU:OML) ) just unveiled an announcement.
oOh!media Limited reported its financial results for 2024, showing a total revenue of $636 million and adjusted EBITDA of $129 million. The company executed strategic actions to boost revenue growth and optimize its cost structure, resulting in improved performance in the second half of the year and setting a strong foundation for 2025. Despite a decline in its road and retail segments, the company saw growth in its street furniture, rail, fly, and city & youth segments. With a robust balance sheet, oOh!media is poised for double-digit revenue growth in 2025, aiming to expand its market share through enhanced customer engagement and the continued digitization of its assets.
More about oOh media Ltd
oOh!media Limited operates within the Out of Home (OOH) advertising industry, focusing on providing outdoor advertising solutions across a variety of locations including roads, street furniture, rail, retail, airports, and more. The company is a market leader in Australia and New Zealand, striving to innovate and maintain its position in the growing OOH sector.
YTD Price Performance: 8.90%
Average Trading Volume: 1,018,428
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$692.3M
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