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oOh!media Reports Q1 Revenue Growth of 4%

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oOh!media (ASX:OML) reported overall first-quarter revenue growth of 4%, with a 7% increase in Australia, saying that the second quarter is tracking on a similar pace, according to a Thursday filing with the Australian bourse.

The advertising company said its first-half gross margin will be softer than expected due to industry-wide pressure on billboards, and underlying adjusted operating expenditure for the period will likely come in "slightly lower" than a year earlier.

Meanwhile, full-year 2026 capital expenditure is expected to be between AU$45 million and AU$55 million.

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