The document provides an analysis of the outdoor advertising sector, highlighting its resilience against secular threats and the positive impact of digital advances. It discusses the sector's steady growth, attractive margins, and limited supply, which have kept outdoor credits favorable with investors. The document also mentions key topics such as M&A activity, better measurement capabilities, and the expansion of digital billboard footprints. It concludes with a recommendation for investors to market-weight this 'core-holding' sub-sector.
doj/DataSet10/EFTA01385428.pdf
{"title":"Outdoor Advertising: Core Revenue Performance & Guidance","document_date":"2018-01-03","document_type":"tabular","key_organizations":["Deutsche Bank","Clear Channel Outdoor","OAAA"]}