OML -23.93%: the advertising media company briefly fell to 2-year lows today after showing a drop in market share at an investor presentation. The slides used at the Macquarie Conference showed a noticeable shift in trends since mid-March. Market share in the Street segment, which is ~30% of the company’s revenue, dropped 2%.
oOh!media Limited is an Australia-based out-of-home (OOH) media company. The Company is engaged in offering advertisers the ability to create deep engagement between people and brands across diverse OOH location-based portfolios in Australia and New Zealand. The Company invests primarily in technology and is pioneering the use of sophisticated data techniques that enable clients to maximize their media spend through accurate audience targeting. The Company’s portfolio includes classic and digital roadside screens; classic and digital signs located in retail precincts, such as shopping centers; classic and digital signs in airport terminals and lounges; classic and digital signs in environments, such as cafes, pubs, universities and office buildings, and other. It also provides advertising creative and digital printing services. The Company has a network of approximately 37,000 digital and static asset locations.
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