JCDecaux : A very good Q4 with organic growth of 10.4%
>A very dynamic Q4 reflecting the continuation of the recovery - Yesterday, JCDecaux published Q4 revenue up 10.3% on an organic basis vs our forecast of +7% and the consensus at +6.5%. We were already more optimistic than the consensus and the final performance was actually better. The group did not hold a conference call. Management has issued no guidance for Q1 (this will come at the annual results report on 7 March). Momentum was particularly favourable in digita...JC Decaux specializes in outdoor advertising. Co.'s business mainly consists of the sale of advertising space for these activities: Street Furniture, Transport Advertising and Billboard. The Street Furniture segment covers the advertising agreements relating to public property entered into with cities and local authorities. It also includes advertising in shopping centers, renting of street furniture, sale and rental of equipment, cleaning and maintenance. The Transport Advertising segment covers advertising in airports, subways, buses, tramways and trains. The Billboard segment covers advertising on private property and neon-type activity.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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