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Why Enero Sold OBMedia and What It Means for Its Future Growth
8:50am on Tuesday 1st of July, 2025 AEST
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Marketing and Advertising
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Why Enero Sold OBMedia and What It Means for Its Future Growth
8:50am on Tuesday 1st of July, 2025 AEST
Key Points
Sale of 51% stake in OBMedia to minority shareholders for nominal amount
Non-cash loss on sale estimated between A$14 million and A$16 million
FY25 EBITDA expected at upper end of guidance range ($22M-$26M underlying)
Focus sharpened on three core agencies – Hotwire Global, BMF, and Orchard
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