The economy and the OOH industry has had a strong run over the last ten years. Cash flows are strong, profits are up and our values have been at all time highs. It has been good times for banks too, especially in the last two years. Their profits have been […]
Boston Omaha, the public parent of Link Media Outdoor, released its 2019 10k. Three things in the 133 page document caught Insider’s eye. The pause that refreshes. Link Media Outdoor closed two acquisitions (Image outdoor and Alpha Displays) for $8.3 million in 2019 versus 3 acquisitions (Tammy Lynn, Key and […]
JCDecaux delivered record 2019 results but said it expects first quarter 2020 revenues to decline 10% due to the conoravirus. Here are the results from the 2019 earnings release. Adjusted revenue increased by 7.5% to 3,890 euros in 2019 due to strong growth in digital advertising. CEO Jean-Francois Decaux said […]
Landmark Infrastructure released fourth quarter 2019 financials last week. Some highlights from the 10k annual financials, fourth quarter earnings release and earnings call Rental revenue increased 5% to $15.5 million during the fourth quarter of 2019. Net income totaled $1.1 million for the fourth quarter of 2019. The portfolio is […]
“The exceptional results we delivered…primarily in the Americas have been offset by impact of the continued weakness in China’s consumer economy on Clear Media, with their revenues down 20% in 2019.” That’s how Clear Channel Outdoor Worldwide CEO William Eccleshare summarized 4Q 2019 financials. Here are the highlights of Clear […]
Daktronics, the digital billboard maker had increased sales and a net loss for the second quarter of fiscal 2020 (3 months ended February 1, 2020). Here are the highlights from the earnings release and earnings call. Net sales increased 11% to $128 million. Expenses increased by 19% to $140 million […]
OUTFRONT had another good quarter. Here are the results from the Outfront 4Q 2019 earnings release , OUTFRONT 4Q 2019 investor presentation and conference call. Revenue increased 7.9% to $488 million with all sectors (national, local, transit and billboard) up. US billboard revenue was up 7.2%. US transit revenue was […]
Lamar announced 4th quarter and full year earnings yesterday. Here are the highlights from the earnings release and conference call. CEO Sean Reilly recapped the year:” 2019 was a solid year for Lamar as we successfully integrated the Fairway, Ashby Street and Mid-America acquisitions, adding nine new markets across the […]
Insider has been running a tombstone for the Boardworks purchase of a 2 static billboard faces from Incorvaia this week. Kalil and Co. brokered the transaction. We talked with Boardworks Larry Roberts and Kalil’s Max Drachman about the deal. Larry tell us about the transaction. We purchased one sign (2 […]
Insider is always looking for articles that help us to better understand unique aspects of the OOH industry. Most of us are familiar with a REIT (Real Estate Investment Trusts) since Lamar and Outfront use that structure. However, understanding REITs and why they make sense for an outdoor company can […]
