“Radio as an industry is well positioned to benefit from a cyclical recovery, however, certain operators will be able to take advantage of the capital markets to add stations, which should enhance their growth even further,” said Helfstein.
John Parks, co-director of equity research for CIBC added: “The group is also well-positioned to take advantage of a rebounding economy with radio and outdoor signage companies being major beneficiaries of an improving advertising environment.”
