Yet challenging market conditions in the advertising sector resulted in decreased bookings in the third and fourth quarters, causing the company to lower its guidance.
Now, according to oOh!, things have picked up quicker than expected in the fourth quarter of 2019, which has softened August’s blow.
The OOH giant kept its original forecast of a five to seven per cent growth in operational expenditure, while capital expenditure is expected to come in at the lower end of the originally-forecast $55 million to $70 million.
