Ooh Media reveals plans for coming year: ‘We’re rebuilding the way an out-of home company operates’
After its 14th consecutive first-half-year of growth, Ooh Media’s chief executive Brendon Cook has said it is “rebuilding” the way an out-of-home company operates.
In an announcement on the ASX yesterday morning, the out-of-home company revealed half yearly revenue growth was up 18% year on year, to $173m, and EBITDA (earnings before interest, tax, depreciation and amortisation) climbed 19% to $32m.
On a teleconference call, Peter McClelland, chief financial officer at Ooh Media, said the company was investing in a “trading and data platform” which would “help facilitate and expedite the delivery of campaigns” allowing advertisers to properly trade in a digital environment.
