Australia's oOh!media drops most in over two months on contract non-renewal

Ooh!Media

15/07/2025 01:47

** Shares of oOh!media OML.AX fall as much as 3.5% to A$1.665, their biggest intraday pct loss since May 6

** The media co says that the Auckland Transport Authority has decided not to renew its contract, which is set to expire in September

** Contract represented 4% of co's FY24 reported revenue

** YTD, shares up 42.2%

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com;))