Shares in the out-of-home advertisement company oOh!media (ASX:OML) have seen an increase of as much as 8.8%, reaching A$1.490.

This marks their highest standing since May 2.

The company reported a 6% rise in statutory net profit after tax and a 7% increase in revenue during the first half of the year.

oOh!media (ASX:OML) also indicates that their third quarter media revenue is currently up by 7% compared to the same period the prior year.

The company declared an interim dividend of 1.75 Australian cents per share, fully franked, marking a 17% rise compared to last year.

The company has seen a stock rise of 6.6% this year as of their last close.

Ooh!media (ASX:OML) is an out-of-home advertising company focusing on billboards and digital screens across Australia.