APN Outdoor Group Ltd (ASX: APO) has announced that it expects FY 2018 underlying EBITDA to be in the range of $92 million to $96 million.
The underlying EBITDA guidance is based on expected mid-to-high-single digit revenue growth this year when compared to last year and excludes the impact of the Yarra Trams contract loss in 2017.
APN and its competitors oOh!Media Ltd (ASX: OML) and QMS Media Ltd (ASX: QMS) have seen their shares smashed over the last year due to long term headwinds affecting their industry.
Shareholders will now hope that this is the beginning of a new growth phase, as the company focuses on integrating data and technology to its product proposition.
If you are interested in exciting new companies to invest in, then you might want to read about these 3 revolutionary companies.
