Place-based and audience experience media company Motio has upped its full year outlook, saying trading conditions post the federal election have been "significantly stronger" than expected.
The company upgraded its full year revenue guidance to $9 million-$9.5 million, from $8.5 million-$8.9 million
“National advertising has experienced a period of elevated performance including campaigns that have been booked and actioned within the same day,” said CEO Adam Cadwallader in a note to shareholders.
“We have also benefited from increased spending in our programmatic channel which has similarly contributed to an increase in revenue during the June trading period”
Motio said the June quarter is on track to be the company’s most successful.
The company last month announced, with co-working media specialist Work Place Media, a content partnership with publisher Private Media to deliver business news to audiences across Australia.
The content deal will see Private Media's SmartCompany editorial team deliver business content as a live feed across MotioCafé's 200 locations in CBDs and key business hubs and Work Place Media’s network of digital screens in premium co-working spaces from this week.
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