oOh!media (ASX:OML) reported a resilient financial performance for the year ended Dec. 31, 2025, overcoming a sluggish advertising market in the second half to deliver earnings and dividend growth.
The outdoor advertising giant posted a total revenue of $691.4 million, with an underlying EBITDA of $139.1 million—an 8% increase—solidifying its dominant position in the Australian and New Zealand Out of Home landscape.
The group saw its adjusted underlying net profit after tax rise by 7% to $63 million.
The financial strength translated directly to shareholder returns, with the company announcing a 14% increase in its fully franked final dividend to 4 cents per share.
The growth is underpinned by a robust balance sheet and a low gearing ratio of 0.8x.
A key driver of this success was oOh!media's record 16.4% share of total agency media spend, maintaining its market leadership with a 35% stake in the OOH category.
High-profile contract wins, specifically Transurban's Brisbane and Melbourne motorway assets, have bolstered the group’s expansive portfolio of over 30,000 assets.
Newly appointed CEO James Taylor highlighted the "distinctiveness and scale" of the company's offering, noting that its network now reaches 98% of metropolitan Australians weekly.
While the non-renewal of the Auckland Transport contract and softer ad spend presented challenges in late 2025, Taylor remains optimistic, citing strong contract discipline and continued growth momentum heading into the first quarter of 2026.