B&TB&TB&T
  • Advertising
  • Campaigns
  • Marketing
  • Media
  • Technology
  • Regulars
    • Agency Scorecards
    • Best of the Best
    • Campaigns of the Month
    • CMO Power List
    • CMOs to Watch
    • Culture Bites
    • Fast 10
    • New Business Winners
    • Spotlight on Sponsors
  • Jobs
  • Awards
    • 30 Under 30
    • B&T Awards
    • Cairns Crocodiles
    • Women In Media
    • Women Leading Tech
Search
Trending topics:
  • Cairns Crocodiles
  • Nine
  • Seven
  • Federal Election
  • Pinterest
  • AFL
  • Anthony Albanese
  • WPP
  • AI
  • NRL
  • Thinkerbell
  • EssenceMediaCom
  • State of Origin
  • Spotlight on Sponsors
  • imaa
  • Channel 10
  • Cairns Hatchlings
  • TV Ratings
  • Radio Ratings
  • Sports Marketing

  • About
  • Contact
  • Editorial Guidelines
  • Privacy
  • Terms
  • Advertise
© 2025 B&T. The Misfits Media Company Pty Ltd.
Reading: QMS Posts Record Full Year Results As Val Morgan Backing Rumours Swirl
Share
B&TB&T
Subscribe
Search
  • Advertising
  • Campaigns
  • Marketing
  • Media
  • Technology
  • Regulars
    • Agency Scorecards
    • Best of the Best
    • Campaigns of the Month
    • CMO Power List
    • CMOs to Watch
    • Culture Bites
    • Fast 10
    • New Business Winners
    • Spotlight on Sponsors
  • Jobs
  • Awards
    • 30 Under 30
    • B&T Awards
    • Cairns Crocodiles
    • Women In Media
    • Women Leading Tech
Follow US
  • About
  • Contact
  • Editorial Guidelines
  • Privacy
  • Terms
  • Advertise
© 2025 B&T. The Misfits Media Company Pty Ltd.
B&T > Media > QMS Posts Record Full Year Results As Val Morgan Backing Rumours Swirl
Media

QMS Posts Record Full Year Results As Val Morgan Backing Rumours Swirl

Staff Writers
Published on: 31st August 2018 at 11:08 AM
Staff Writers
Share
3 Min Read
SHARE

Outdoor media company QMS has released its 2018 financial results this morning, posting record earnings from the past 12 months.

According to the results, QMS’s statutory net profit after tax (NPAT) is up 10 per cent to $18.4 million for the 2017/18 financial year.

QMS’s revenue was up 21 per cent to $204.2 million with digital revenue representing 79 per cent of Aussie media revenue and 70 per cent of total group media revenue (across Australia and New Zealand).

Meanwhile, QMS’s underlying earnings before interest, taxes, depreciation and amortization (EBITDA) was up 22 per cent to $45.8 million.

Commenting on the results, QMS group chief executive officer Barclay Nettlefold said: “QMS has delivered another convincing performance, as we continue to focus and deliver on our strategic imperatives across our Digital, Outdoor and Sports media platforms, as well as advancing our data and analytics capabilities.

“I am very pleased that QMS has once again outperformed the market, with revenue growing faster than our competitors.”

Adding, “The 2018 financial year was one of significant growth for the business, driven by our continued focus on building an industry-leading digital portfolio in key strategic markets.

“Our digital development roll-out has maintained momentum, with 37 new landmark billboards switched on during 2018, and more than 135 sites planned to be live by June 30 2019,” he added.

Meanwhile, the out of home rumour mill is again spinning with speculation Val Morgan has its eyes on QMS.

According to The Australian, speculation festered as QMS acquired the majority interest of TGI Systems Corporation (TGI) and TGI Europe GmbH (TGIE) for $40 million earlier this week.

Looking at QMS’ latest results, financial analysts doubted the outdoor company would manage to make such a mammoth purchase without some support.

The speculation it is Hoyts’-owned Val Morgan which may be backing QMS comes from rumours Hoyts’ owner Dalian Wanda was in talks with APN Outdoor earlier this year.

Wanda was reportedly speaking with APN Outdoor about the possibility of purchasing a 20 per cent stake in the business, as per The Oz.

The move sees QMS continuing the expansion of its existing sports technology and media rights business, QMS Sport.

The outdoor sector is experiencing a massive wave of consolidation, with the ACCC clearing JCDecaux’s acquisition of APN Outdoor as well as oOh!media’s Adshel takeover last week.

B&T has contacted QMS and Val Morgan for comment.

Join more than 30,000 advertising industry experts
Get all the latest advertising and media news direct to your inbox from B&T.

No related posts.

TAGGED: ACCC, financial results, hoyts, outdoor, QMS, Val Morgan
Share
Staff Writers
By Staff Writers
Follow:
Staff Writers represent B&T's team of award-winning reporters. Here, you'll find articles crafted with industry experience spanning over 50 years. Our team of specialists brings together a wealth of knowledge and a commitment to delivering insightful, topical, and breaking news. With a deep understanding of advertising and media, our Staff Writers are dedicated to providing industry-leading analysis and reporting, both shaping the conversation and setting the benchmark for excellence.

Latest News

YouTube Launches OpenCall Creator Casting Call Service As Creators Are “Swarming” Cannes
17/06/2025
B&T’s Cannes Diary: Saturday & Sunday
17/06/2025
Les Timar Exits Clemenger Group After 27 Years
17/06/2025
TV Ratings (16/06/2025): Food-Themed Superhero’s Take Top Spot In Entertainment Programs
17/06/2025
//

B&T is Australia’s leading news publication magazine for the advertising, marketing, media and PR industries.

 

B&T is owned by parent company The Misfits Media Company Pty Ltd.

About B&T

  • About
  • Contact
  • Editorial Guidelines
  • Privacy
  • Terms
  • Advertise

Top Categories

  • Advertising
  • Campaigns
  • Marketing
  • Media
  • Opinion
  • Technology
  • TV Ratings

Sign Up for Our Newsletter



B&TB&T
Follow US
© 2025 B&T. The Misfits Media Company Pty Ltd. All Rights Reserved.
Welcome Back!

Sign in to your account

Register Lost your password?