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Company News Summary

Oohmedia Provides Chairman and CEO Addresses to AGM

16 May 2019  |  10:31:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Annual General Meeting - Addresses by the Chairman and CEO

Oohmedia provided its Chairman's and CEO's addresses to the Company's AGM. Total revenue increased by 27% to $482.6m. This increase reflects organic growth across the Company's business and also three months' revenue contribution from the Commute business. Total Underlying EBITDA was $112.5m. Underlying EBITDA (ex-Commute) increased by 5% to $94.2m which was at the low end of the guidance range it provided to the market at the half year result. Total Underlying NPATA increased by 18 per cent to $51.1m, reflecting organic growth and three months' profit contribution from the Commute business.

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