Ocean Outdoor: “well set for the recovery & engaged in the fight back.”
Ocean Outdoor Limited the operator of premium Digital Out-of-Home advertising in the United Kingdom, the Netherlands, the Nordics and Germany, has released its year end results to the market. Despite being hit by the pandemic, reduced footfall and subsequent reduced revenues (FY 2020: £86m, FY 2019: £104m), CEO Tim Bleakley remains bullish in his outlook for the outlook
“…With a strong balance sheet and growth opportunities in every area of our operations, our focus is now on the speed of that recovery as restrictions are lifted… Momentum is building and the investments we have made means Ocean is exceptionally well placed to reach and engage with highly receptive, liberated outdoor audiences at scale. We have a strong underlying business, we are well set for the recovery and we are already engaged in the fight back.”
In the interview below, CEO Tim Bleakley outlines the Group’s business and how the Group used the lockdown period to promote small businesses and other worthy causes.
