APN Outdoor delivers record result ahead of Ooh Media merger
Just weeks out from the expected confirmation of its merger with Ooh Media, APN Outdoor has posted a record result with revenue rising 10% to $330.9 million.
The company said the surge was on the back of the ongoing rollout of digital screens in its network.
Earlier this week Ooh Media reported a 20% rise in profit with CEO Brendon Cook predicting the company’s split between digital and traditional outdoor could rise to as high as 60%.
