Ocean Outdoor Limited Full Year 2019 and Q1 2020 results call (5387N)
21 May 2020 - 4:00PM
UK Regulatory
TIDMOOUT
RNS Number : 5387N
Ocean Outdoor Limited
21 May 2020
21 May 2020
Ocean Outdoor Limited
("Ocean" or the "Company" or the "Group")
Full Year 2019 and Q1 2020 results call
Ocean Outdoor Limited (LSE: OOUT) , a leading operator of
premium Digital Out-of-Home ("DOOH") advertising in the United
Kingdom, the Netherlands, the Nordics and Germany, confirms that it
will host a conference call for investors and analysts on 01 June
2020 at 13:00 BST / 08:00 ET, presenting its Full Year 2019 results
and an update on Q1 2020.
Dial-in details:
UK Toll Free: 0808 109 0700
USA Toll Free: 1 866 966 5335
Standard International Access: +44 (0)20 3003 2666
Password: Ocean Outdoor
A copy of the results presentation will be made available within
the investor relations section of the Company website once the
results are announced.
https://investors.oceanoutdoor.com/investors/ .
For further information please contact:
Ocean Outdoor 020 7292 6161
Tim Bleakley, CEO
Susann Jerry, Head of Communications
Yellow Jersey PR 07747 788 221
Charles Goodwin, Georgia Colkin,
Joe Burgess
Ocean@yellowjerseypr.com
About Ocean Outdoor
Ocean Outdoor operates some of the most prestigious digital
out-of-home (DOOH) locations in the UK, Northern and Continental
Europe.
The Ocean portfolio features the UK's most iconic DOOH locations
including the BFI IMAX; the Landsec Piccadilly Lights and a
significant presence in the top 12 UK cities. Ocean's portfolio of
high-profile landlords and partners includes Birmingham,
Manchester, Glasgow and Southampton City Councils, Landsec,
Unibail-Rodamco-Westfield, the BFI and intu.
In the UK, a continued focus on Ocean's Digital Cities for
Digital Citizens philosophy has significantly augmented the Group's
position as an operator of high quality DOOH assets. Ocean
continues to deliver good organic development through new City
tender wins, the rollout of new locations in Scotland, London, the
West Midlands and Manchester and significant screen investment.
Strategic acquisitions that complement the existing DOOH
portfolio remain a strategic pillar of the growth programme. This
continued with three Dutch acquisitions in spring 2019, giving the
company a significant share of the Netherlands market where it has
become a major DOOH player. These subsidiaries have since been
rebranded as Ocean Netherlands.
In September 2019, Ocean acquired the assets of Visual Art, a
Sweden based independent, pure-play DOOH media and tech group which
operates in three Nordic countries (Sweden, Norway, Denmark) and
key cities in Germany. This transaction expands Ocean's portfolio
across 23 Unibail-Rodamco-Westfield shopping malls in Europe, in
addition to holding the exclusive external rights to two of the
largest premium urban shopping malls in Europe: Westfield London
and Westfield Stratford in the UK.
In February 2020, Ocean closed the acquisition of AdCityMedia, a
Sweden-based premium out-of-home and digital screen tech operator
focused on large format digital and high-end city centre locations
across Sweden, Norway, Denmark and Finland. The combined entities
of Visual Art and AdCityMedia, referred to as Ocean Nordics, will
create the leading DOOH operator in the region.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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