Australia's oOh!media rises on upbeat HY results

Ooh!Media

21/08/2023 05:20

** Shares of oOh!media  OML.AX  rise as much as 8.8% to
A$1.490, their highest since May 2
    ** Out-of-home advertising co reports 6% increase in HY
statutory net profit after tax and a 7% increase in revenue
    ** Adds Q3 media rev currently pacing up 7% on prior
corresponding period
    ** Declares interim dividend of 1.75 Australian cents per
share, fully franked, up 17% vs last year
    ** Stock has risen 6.6% this year, as of last close

 (Reporting by Shivangi Lahiri in Bengaluru)
 ((Shivangi.Lahiri@thomsonreuters.com;))