Record Revenue in Americas Segment
The Americas segment delivered record revenue of $311 million in Q4, representing an increase of 4.1% driven by strength in digital and local sales.
Successful Divestiture Strategy
Clear Channel Outdoor Holdings made significant progress by selling businesses in Europe North and Latin America, totaling $120 million, with an agreement to sell the Europe North segment for $625 million.
Strong Airport Segment Performance
Airport segment revenue increased by 4.3% to a record $116 million due to strong national demand for premium assets and record travel activity.
Positive Full-Year Revenue Growth
Full-year consolidated revenue reached $1.505 billion, marking a 5% increase over the prior year, with Americas and airport segments up 6.6% excluding Singapore.
Innovative Digital Solutions and Expansion
The launch of CCO in-flight insights measurement solution and expansion of the sales force are driving growth in digital advertising and data analytics capabilities.