APN Outdoor grows profit by 13% as take-over by JC Decaux is approved
On the same day that the competition watchdog has approved the mergers between Australia’s out-of-home media companies, APN Outdoor has announced an increase in its net profit after tax (NPAT) of 13% – up to $17.8m – for the first half of 2018.
Rival Ooh Media announced its first-half NPAT earlier this week, which was up 3% from $8.92m to $9.23m.
APN Outdoor looks set to be acquired by JC Decaux
