Lamar Enjoys 4Q Boom

  • February 23, 2007
Lamar Advertising Co., a leading outdoor advertiser, said profits rose 22% in the fourth quarter, compared to the same period last year--driven by an 11% rise in overall revenue to $258.6 million. The company operates a network of digital and traditional billboards, as well as logo sign displays. On the strength of its fourth-quarter performance, Lamar also declared a special dividend to be paid in late March. --Erik Sass

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