APN Outdoor Group (ASX:APO) has announced earnings for the twelve months to December to be in the range of $92 to $96 million.
APO is now tracking headline first half revenue growth of mid-single digits when compared to the same time last year.
This compares with a guidance of low single digits announced at the time of the company’s 2017 results in February.
Expenditure is expected to be in the range of $25 to $30 million in line with guidance.
The company says the out-of-home markets in Australia and New Zealand have remained robust in recent months and the new approach to sales has continued to gain momentum.
Shares in APN Outdoor Group (ASX:APO) down 0.97 per cent to $5.09