Advertising company oOh! Media
(ASX:OML) has reported its net profit rose by35.5 percent to $33.1 million for the 2017 calendar year.
The company’s revenue increased 13 per cent on the prior year to $380 million.
Earnings (EBITDA) were also up 23 per cent on the previous year to $90 million.
The company declared a full year dividend of 15 cents fully franked.
The strong results came off the back of growth in digital revenue which delivered 60 per cent of total revenue.
Shares in oOh Media (ASX:OML ) are trading 4.07 per cent higher to $4.60.
