oOh!media Group has reported first half net profit after tax of $3.5 million, up 36% increase on the prior period.
The company also reported revenue of $55.3 million, an increase of 9%, as well as EBITDA of $10.3 million, up 7%.
oOh!media Group chief executive Brendan Cook said: "Out-of-home advertising is forecast to continue to be the fastest growing of all traditional media and, because of our diverse inventory and national coverage, we believe we are well placed to continue to outstrip industry benchmarks."
The company expects quarter three growth to be in the single digit range, due to negative economic sentiment globally, but expects to see significant growth in quarter four.
The company's 9% revenue growth compares with 5.4% growth for the total out-of-home sector, as recorded by the Outdoor Media Association.
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