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Allegion Releases Von Duprin Outdoor Defense (OUT) for 98/99 Exit Devices
Prnewswire· 2025-05-28 14:00
Von Duprin's first offering engineered to protect internal components on outdoor applications CARMEL, Ind., May 28, 2025 /PRNewswire/ -- Allegion US, a leading provider of security solutions, technology and services, has introduced the Outdoor Defense (OUT) option for 98/99 exit devices, the first Von Duprin product designed to protect device functionality in outdoor conditions, providing the reliability, quality and function expected from Von Duprin."As the demand for reliable security solutions in outdoor ...
Outfront Media (OUT) FY Conference Transcript
2025-05-14 19:20
Outfront Media (OUT) FY Conference Summary Company Overview - **Company**: Outfront Media - **Event**: FY Conference held on May 14, 2025 - **Key Speakers**: Interim CEO Nick Bryan, EVP and CFO Matt Siegel Core Industry Insights - **Industry**: Out of Home (OOH) Advertising - **Market Position**: Outfront Media is positioned as a leader in the OOH advertising space, focusing on enhancing its value proposition to marketers and improving operational efficiencies. Key Points and Arguments Leadership and Experience - Nick Bryan has over 35 years of experience in the advertising agency sector, emphasizing the value of OOH advertising in brand building and growth [4][6][7]. Strategic Imperatives 1. **Sales Strategy and Culture**: Focus on changing the sales strategy and organizational culture to align with market demands [6][7]. 2. **Technology and Automation**: Emphasis on improving systems and technology for better automation and process efficiency [7]. 3. **Attracting Non-OOH Advertisers**: Targeting large multinational brands that currently underutilize OOH advertising [7][27]. 4. **Operational Efficiency**: Aiming for high operational efficiency across all initiatives [7]. Marketing and Measurement Challenges - OOH advertising is perceived as undervalued and poorly marketed, leading to a decline in its share of total media spend [4][9]. - The need for improved measurement metrics, including reach and frequency, to enhance the effectiveness of OOH advertising [9][13][16]. - The industry must focus on providing clear Return on Advertising Spend (ROAS) and incrementality metrics to attract sophisticated marketers [9][16]. Market Trends and Performance - Q1 2025 saw a 4% increase in national advertising but a 3% decline in local advertising [35]. - The company is optimistic about Q2 trends, with 90% of the quarter booked and 70-75% visibility for the year [37][40]. - The West region, particularly LA, faces challenges but shows potential for recovery with upcoming entertainment events [45]. Financial Strategy and Outlook - Outfront Media is focusing on structural improvements to enhance profitability and operational agility [34]. - The exit from low-margin contracts in New York and Los Angeles is part of a strategy to improve EBITDA margins [46][47]. - Digital conversions are targeted at 100-150 units per year, with a consistent internal rate of return (IRR) of around 25% [62][64]. Future Growth and M&A Strategy - The focus for 2025 is on transformation and operational excellence, with modest M&A opportunities considered for future growth [67][68]. - Potential areas for M&A include technology, systems, and partnerships in the experiential space [68]. Additional Important Insights - The company recognizes the need to integrate OOH advertising into the broader marketing mix, emphasizing its role in brand building and consumer engagement [22][33]. - There is a significant opportunity in the retail sector, as retailers increasingly seek to become media owners [28][30]. - The company is aware of macroeconomic uncertainties but remains confident in its operational resilience and market position [41][43]. This summary encapsulates the key discussions and insights from the Outfront Media FY Conference, highlighting the company's strategic focus, market challenges, and future growth opportunities.
OUTFRONT Media(OUT) - 2025 Q1 - Quarterly Report
2025-05-09 20:04
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-36367 OUTFRONT Media Inc. (Exact name of registrant as specified in its charter) Maryland 46-4494703 (State o ...
OUTFRONT Media Q1 AFFO & Revenues Miss, Interest Expenses Dip
ZACKS· 2025-05-09 18:10
OUTFRONT Media Inc. (OUT) reported first-quarter 2025 adjusted funds from operations (AFFO) per share of 14 cents, missing the Zacks Consensus Estimate of 15 cents. The reported figure remained unchanged from the prior-year quarter.Results reflected a decline in billboard revenues in the quarter, which affected year-over-year top-line growth. However, a rise in transit revenues, and lower interest expenses and operating expenses supported the results to some extent.Quarterly revenues came in at $390.7 milli ...
Outfront Media (OUT) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2025-05-09 00:30
Outfront Media (OUT) reported $390.7 million in revenue for the quarter ended March 2025, representing a year-over-year decline of 4.4%. EPS of $0.14 for the same period compares to -$0.18 a year ago.The reported revenue represents a surprise of -1.50% over the Zacks Consensus Estimate of $396.65 million. With the consensus EPS estimate being $0.15, the EPS surprise was -6.67%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determi ...
Outfront Media (OUT) Q1 FFO and Revenues Lag Estimates
ZACKS· 2025-05-08 23:20
Outfront Media (OUT) came out with quarterly funds from operations (FFO) of $0.14 per share, missing the Zacks Consensus Estimate of $0.15 per share. This compares to FFO of $0.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -6.67%. A quarter ago, it was expected that this billboard, transit and digital display advertising company would post FFO of $0.63 per share when it actually produced FFO of $0.69, delivering a surprise of ...
OUTFRONT Media(OUT) - 2025 Q1 - Earnings Call Transcript
2025-05-08 21:32
Outfront Media (OUT) Q1 2025 Earnings Call May 08, 2025 04:30 PM ET Company Participants Stephan Bisson - Vice President, Investor RelationsNick Brien - Interim CEOMatthew Siegel - EVP & CFODaniel Osley - Vice President, Equity ResearchPatrick Sholl - Vice President Conference Call Participants Cameron McVeigh - Analyst Operator Thank you for your patience, everyone. The Outfront Media First Quarter twenty twenty five Earnings Call will begin shortly. Hello, everyone, and welcome to the Outfront Media First ...
OUTFRONT Media(OUT) - 2025 Q1 - Earnings Call Transcript
2025-05-08 21:30
Outfront Media (OUT) Q1 2025 Earnings Call May 08, 2025 04:30 PM ET Speaker0 Thank you for your patience, everyone. The Outfront Media First Quarter twenty twenty five Earnings Call will begin shortly. Hello, everyone, and welcome to the Outfront Media First Quarter twenty twenty five Earnings Call. My name is Carla, and I will be coordinating your call today. During the presentation, you will have the opportunity to ask questions. I would now like to hand you over to Stefan Bisson to begin. Stefan, please ...
OUTFRONT Media(OUT) - 2025 Q1 - Earnings Call Presentation
2025-05-08 20:45
Cautionary Statement Regarding Forward-Looking Statements We have made statements in this document that are forward-looking statements within the meaning of the federal securities laws, including the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by the use of forward-looking terminology such as "believes," "expects," "could," "would," "may," "might," "will," "should," "seeks," "likely," "intends," "plans," "projects," "predicts," "estimates," "forecast" or "an ...
OUTFRONT Media(OUT) - 2025 Q1 - Quarterly Results
2025-05-08 20:09
Exhibit 99.1 OUTFRONT Media Reports First Quarter 2025 Results Revenues of $390.7 million Operating income of $13.9 million Net loss attributable to OUTFRONT Media Inc. of $20.6 million Adjusted OIBDA of $64.2 million | | Three Months Ended | | | --- | --- | --- | | | March 31, | | | $ in Millions, except per share amounts | 2025 | 2024 | | Revenues | $390.7 | $408.5 | | Organic revenues | 390.7 | 389.9 | | Operating income | 13.9 | 14.0 | | Adjusted OIBDA | 64.2 | 66.5 | | Net loss before allocation to red ...