6 stocks that surprised the market in February

APN Outdoor: A strong year of revenue growth aheadDavid Allingham, Analyst, Eley Griffiths GroupAPN Outdoor (ASX:APO) reported a result that was 5% ahead of prospectus forecasts. Outdoor advertising has been the best performing traditional media class in the last ten years, growing at a 6% cagr. This growth rate accelerated to 10% in CY14 versus a broader ad market that was flat. APO is also in the process of digitising their panels and now has 34 large format digital screens in place. Digital billboards offer dynamic pricing and higher utilization delivering around 4x the revenues of static panels. The company...

APN Outdoor: A strong year of revenue growth ahead

David Allingham, Analyst, Eley Griffiths Group

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