oOh!media Posts Higher 2024 Earnings as Revenue Rises

MT Newswires Live
24 Feb

oOh!media (ASX:OML) reported Monday that its earnings per diluted share in 2024 rose to AU$0.068 from AU$0.063 per diluted share a year earlier.

Analysts polled by Visible Alpha were expecting an EPS of AU$0.0582.

Revenue for the year ended Dec. 31, 2024, was AU$635.6 million, up from AU$633.9 million in the same period a year earlier. Analysts surveyed by Visible Alpha expected AU$635.4 million.

For 2025, the media company expects its Out of Home sector to see mid to high single-digit growth. OML also expects to deliver net cost savings of about AU$15 million and capital expenditure in the range of AU$45 million to AU$55 million.

The board declared an interim dividend of AU$0.035 per share, unchanged from a year earlier, payable on March 27 to shareholders on record as of March 6.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10