Financial Performance & Goals - The company projects 2025 revenue between $1.57 billion and $1.60 billion[25], with an Adjusted EBITDA between $490 million and $505 million[25] - The company aims for a revenue CAGR of 4-5%[70] and an Adjusted EBITDA CAGR of 6-8%[70] from 2025 to 2028 - The company targets an AFFO of $200 million by fiscal year 2028[70] - The company aims to reduce net leverage from 10x to 7x-8x by the end of 2028[71] Strategic Focus & Growth Drivers - The company is repositioning itself as a pure-play U S OOH company, exiting international operations[29] - The company's digital OOH revenue is projected to grow, aiming for >40% of total revenue with >8% CAGR[29] - The company identifies a $210 billion+ disrupted media spend (search & linear TV) as an opportunity to gain market share[29] - The company's airports division generated $361 million in revenue in 2024, representing 24% of the company's total revenue[152] Cost Management & Efficiency - The company is on track to deliver $50 million in run-rate cost savings[286] - The company anticipates reducing Adjusted Corporate Expenses by approximately $50 million to $85 million on a run-rate basis[288]
Clear Channel Outdoor (NYSE:CCO) 2025 Earnings Call Presentation