Australian shares are poised to open higher; ANZ declares 72¢ dividend; Wall Street edges higher; $A advances, oil prices slide. Follow updates here.
oOh!Media has reported at the Macquarie conference that its first quarter revenue grew 15 per cent compared to the same period last year, and was at 93 per cent of 2019 levels.
April revenue was up 18 per cent on the same month last year, and at 95 per cent of levels in April 2019. The company also said FY22 capital expenditure is expected to increase towards pre-COVID levels as it resets for growth. It added that final FY22 capital expenditure will be impacted by freight and installation delays and severe weather patterns in the east coast, in addition to the timing effects of contract renewals and regulatory planning approvals.
oOh!Media said it anticipated capex to be at or below the low end of the $45 million to $55 million FY22 range provided in February.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
ASX LIVE: ASX to rise, Wall St edges up with interest rates in focusAustralian shares are poised to open higher with the focus shifting to the US central bank’s early Thursday rate decision. Follow updates here.
Read more »
ASX LIVE: ASX to rise, Wall St edges up with interest rates in focusAustralian shares are poised to open higher; ANZ declares 72¢ dividend; Wall Street edges higher; $A advances, oil prices slide. Follow updates here.
Read more »
ASX LIVE: ASX seen lower, Reserve Bank of Australia rate decision awaitedThe nation’s biggest home lender is the first off the mark with a rate rise, with CBA moving its standard variable rates 25 basis points higher. Follow updates here.
Read more »
ASX LIVE: ASX seen lower, Reserve Bank of Australia rate decision awaitedASX to open lower, though dip buying in New York could check local losses. $A steady. RBA widely expected to lift key rate. Follow updates here.
Read more »
ASX LIVE: ASX seen lower, Reserve Bank of Australia rate decision awaitedASX to open lower, though dip buying in New York could check local losses. $A steady. RBA widely expected to lift key rate. Follow updates here.
Read more »
ASX LIVE: ASX seen lower, Reserve Bank of Australia rate decision awaitedRBA hikes cash rate 0.25pc ahead of forecasts, says inflation picked up faster than expected, sees inflation at 6pc in 2022. AUD jumps. Follow the latest here.
Read more »