APN Outdoor downgrades market guidance after soft market (AdNews)

APN Outdoor has reported a 10% revenue growth in the six months to 30 June 2016, but has downgraded its market guidance for the rest of the year due to a 'soft' advertising market. The out of home (OOH) company saw revenue increase on the previous year to $150.6 million and earnings before interest, taxes depreciation and amortisation (EBITDA) up 31% to $34.8 million on the previous year. […]