oOh!media has provided an update on its year-to-date trading to 31 October 2025, reporting third-quarter revenue growth of 7 per cent compared with the prior corresponding period.

However, softer advertising market conditions in October and the non-renewal of the Auckland Transport contract have led the company to revise its full-year revenue and margin guidance slightly lower.

Given the subdued market conditions early in the fourth quarter and the impact of New Zealand, oOh!’s Q4 revenues are now expected to be slightly below the prior corresponding period.

 CY25 revenues are now forecast to be between $689 million and $694 million, while the gross margin is expected to be around 43.0 per cent  – down from the previously guided 44.0 per cent – reflecting lower-than-expected revenues and an adverse channel mix in the second half.

In variable market conditions, oOh! has remained focused on disciplined cost management and execution and expects its operating costs to remain between $159 million to $161 million, including New Zealand restructuring costs. Capital expenditure is expected to be at the lower end of the $53 million to $63 million range.

Reflecting oOh!’s fixed cost leverage and the abovementioned adverse channel mix, group adjusted EBITDA is expected to be between $139 million and $142 million.

Improved pacing in November and December has continued into January 2026 and oOh! expects to benefit from further asset rollouts.

CEO transition date confirmed

oOh!media has also confirmed that incoming managing director and CEO James Taylor will commence in the role on 8 December 2025.

Current managing director and CEO Cathy O’Connor will step down on the same date but as previously announced, will remain with the company in an advisory capacity until January 2026.

oOh! will announce its CY25 financial results on Monday 16 February 2026.

Comment below to have your say on this story.

If you have a news story or tip-off, get in touch at editorial@sprinter.com.au.  

Sign up to the Sprinter newsletter