oOh!media Limited reported a 7% increase in Q3 revenue compared to the previous period, slightly surpassing earlier forecasts. However, the advertising market in Australia saw a significant downturn in October, affecting the Out of Home (OOH) sector. In New Zealand, revenue was notably impacted by the non-renewal of the Auckland Transport contract. As a result, the company revised its full-year 2025 revenue guidance to between $689 million and $694 million, with a gross margin projected at around 43.0%, down from prior estimates. Operating costs are expected to remain steady between $159 million and $161 million, factoring in restructuring costs in New Zealand, while capital expenditures are anticipated to be at the lower range of $53 million to $63 million. The Group Adjusted EBITDA is forecasted to be between $139 million and $142 million. Despite these challenges, the company has observed improved pacing in November and December that continued into January 2026. The full-year financial results for CY25 are scheduled for release on 16 February 2026.
Key Points
Q3 revenue growth of 7% compared to the prior corresponding period.
Advertising market activity softened in October, impacting OOH market.
Non-renewal of Auckland Transport contract significantly impacted New Zealand revenues.
CY25 revenue guidance adjusted to $689m-$694m.
Gross margin expected to be ~43.0%, lower than previous guidance.
Operating costs estimated between $159m to $161m, including NZ restructuring costs.
Capital expenditure expected at the lower end of $53m to $63m range.
Group Adjusted EBITDA projected between $139m and $142m.
Improved pacing in November and December continued into January 2026.
CY25 financial results to be announced on 16 February 2026.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.