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Ocean Otdr Ltd NPV(DI) (OOUT)

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16-Sep-2020 07:16 AM

Ocean Outdoor posts first-half loss; sees improvement since May

Outdoor advertising group Ocean Outdoor posted a deeper first-half loss after sales were hit by the Covid-19 crisis. Pre-tax losses for the six months through June amounted to £29.5m, compared to losses of £4.0m on-year, as revenue fell 2.5%
08-Jun-2020 08:08 AM

Ocean Outdoor swings to loss on acquisition costs; sees Covid-19 hit to sales

Outdoor advertising company Ocean Outdoor swung to a full-year loss after rising revenue was offset by acquisitions costs and finance expenses. Pre-tax losses for the year through December amounted to £4.7m, compared to a profit of £6.9m on-y
24-Mar-2020 08:20 AM

Broker Forecast - Barclays Capital issues a broker note on Ocean Outdoor Limited Ord Npv Di

Barclays Capital today downgrades its investment rating on Ocean Outdoor Limited Ord Npv Di (LON:OOUT) to equal weight (from overweight) and cut its price target to 7p (from 10.50p). Story provided by StockMarketWire.com Broker Forecasts data provided
24-Mar-2020 07:35 AM

Ocean Outdoor warns of Covid-19 hit; talking to lenders to bolster liquidity

Outdoor advertising company Ocean Outdoor warned its performance would fall short of previously published market expectations as the coronavirus shrinks demand for advertising. The company said it was implementing a series of steps to support its staff a
16-Sep-2019 09:38 AM

Ocean Outdoor earnings rise as billing revenue, margins improve

Outdoor advertising group Ocean Outdoor posted a rise in adjusted earnings after it increased its billings revenue. For the six months through June, the company posted a bottom-line pre-tax loss of £4.0m, compared to a profit of £8.2m on-year
15-May-2019 09:59 AM

Ocean Outdoor revenue rises 14% in first quarter; wins Glasgow contract

Advertising group Ocean Outdoor said its revenue had grown 14% in the first quarter, while also announcing a contract win in Glasgow. Revenue for the three months through March rose to £18.6m, up from £16.3m on-year. The company said it had
15-Feb-2019 07:58 AM

Ocean Outdoor earnings rise as acquisitions boost sales

Digital out-of-home advertising group Ocean Outdoor said it expected post 4.6% growth in annual underlying earnings on the back of higher sales. Ebitda for the year through December on a proforma basis was expected to reach £19.9m, following 15% gr
29-Aug-2018 09:47 AM

Ocean Outdoor swing to profit on higher ad revenue

Ocean Outdoor swung to a first half profit after it boosted outdoor advertising revenue. Pre-tax profit for the six months through June was £8.2m, compared to an on-year loss of £25.0m. Revenue rose 1.8% to £22.5m. 'The business
 
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