oOh media Ltd (AU:OML) has released an update.
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oOh!media Limited has extended its contract with Auckland Transport for nine months, maintaining similar terms to the existing agreement. This contract accounts for 4% of the company’s expected revenue for 2024, highlighting its significance in oOh!’s portfolio. Auckland Transport plans to restart the procurement process in early 2025, potentially impacting future revenue streams for oOh!media.
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