GTN announces 8% revenue lift

Company News

by David Chau

Media advertising platform, GTN Ltd (ASX:GTN), has announced its results for the full-year ended 30 June 2016.

GTN is in the business of supplying traffic information reports to radio stations in Australia, UK, Canada and Brazil.

The company reported its revenue rose 8% to $166.1 million, and its statutory NPAT increased was up 74.7% to $5.8 million.

The company says its revenue result was driven by solid operating results across its four geographical markets.

GTN did not declare a dividend.

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