APN Outdoor reveals unexpected jump in profits as out of home media sector booms

Tim Burrowes

October 29, 2015 6:40

Out of home company APN Outdoor (ASX:APO) has revealed to the market an unexpected jump in profits which is likely to see it finish the calendar year well ahead of expectations.

APN Outdoor: Flying high

The company, which listed on the ASX late last year, said in an update that it is expecting to finish the year with profits 50 per cent ahead of the same period the year before.

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Tim Burrowes

Tim Burrowes is the publisher of Mumbrella and Unmade. He co-founded Mumbrella in 2008 and sister title Unmade in 2021. He's worked in the UK, Middle East, Asia & Australia and has specialised in writing about the communications world for the last 25 years. He wrote the book Media Unmade, published in 2021, and became the presenter of MediaLand on ABC Radio National in 2025.