oOh!media Faces Contract Extension with Auckland Transport

oOh media Ltd (AU:OML) has released an update.

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oOh!media Limited announced that Auckland Transport has extended its Out of Home Media Services Procurement Process, with plans to re-issue a request for proposal with new criteria. The current contract, which comprises 4% of oOh!’s expected revenue for 2024, is set to expire at the end of the year. The company remains focused on sustainable returns and maintaining a diverse portfolio.

For further insights into AU:OML stock, check out TipRanks’ Stock Analysis page.

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