APN Outdoor Group Ltd (ASX: APO) has announced that it expects FY 2018 underlying EBITDA to be in the range of $92 million to $96 million.
The underlying EBITDA guidance is based on expected mid-to-high-single digit revenue growth this year when compared to last year and excludes the impact of the Yarra Trams contract loss in 2017.
Shareholders will now hope that this is the beginning of a new growth phase, as the company focuses on integrating data and technology to its product proposition.
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The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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