Ooh!Media (Out of home advertising)

This company is one of Australia’s largest providers of out-of-home advertising, Ooh!Media was recapitalised early in the Coronavirus Crisis and now has a modestly geared balance sheet. In calendar 2019 revenue was $650m and EBITDA $139m. We see Ooh!Media continuing to grow in line with the out-of-home advertising market generally, In August 2020 Ooh!Media announced that Cathy O’Connor would be its new CEO from early in 2021.