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Revenue Performance and Growth Strategy:
-
reported a consolidated
revenue growth of 2.2% for Q1 2025, in line with guidance.
- The growth was impacted by factors such as a Super Bowl in a non-CCO roadside market and the completion of some international asset sales.
- The company focused on its U.S. operations and cost efficiency to drive future growth.
Digital Revenue and Productivity:
- Digital revenue increased by
6.4%, contributing to the overall revenue growth.
- The increase was supported by enhanced planning and attribution tools, such as RADAR analytics, and industry-specific sales expertise.
Cash Flow and Debt Reduction:
-CCO increased AFFO guidance by
36% to 54%, reflecting lower interest expense due to debt repurchases.
- The company reduced annualized interest expense by
$37 million through debt payments and bond repurchases.
U.S. Market and Asset Management:
- The Americas segment revenue was
$254 million, with an increase of
1.8%.
- Growth was driven by new contracts, such as the MTA Roadside billboard contract, and digital revenue growth.
- The focus on U.S. operations and strategic asset management contributed to these results.
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