Outfront Media Result 25/02/2016

Outfront Media reported a Q4 net loss of $73.9 million, compared to a net profit of $27.8 million in 2014. Turnover was $398.5 million, virtually flat YoY compared to $395 million. On a REIT-comparable basis, the company had a profit of $29.7 million compared $33.9 million in 2014. For the full year 2015, net loss was $73.9 million compared to a net profit of $27.8 million, on account of a real estate sale loss. Turnover for the same period was $1.5 billion, up 11.8% YoY.