Outdoor advertising helps drive up quarterly profit, revenue at Astral

MONTREAL – Double digit growth from its outdoor advertising division helped to shore up Astral Media’s second quarter profits, which increased 24% year-over-year, the company reported Thursday.Consolidated net earnings for the second quarter ended February 28, 2010 were $33.6 million, up from $27.1 million for the same period last year. Consolidated revenues totaled $218.3 million, a 4% increase over the $209.3 million reported last year for the same period, while EBITDA increased 6% to $62.6 million from $59.2 million for the second quarter in 2009."I am pleased by the strength of our second quarter results and delighted that all our...