Report
Jerôme Bodin

JCDecaux : Bonne surprise sur 2019 mais la guidance T1 est plus négative qu’attendu

>Un début d’année plus difficile qu’attendu et perspectives T1 très incertaines - JCDecaux a publié ce matin ses résultats 2019supérieurs aux attentes avec un EBITDA de 792 M€ alors que nous attendions 774 M€. Le point important est la guidance du T1 : le groupe table sur une décroissance organique de 10% alors que nous tablions sur -5.2% et que nous étions déjà probablement parmi les plus prudents du consensus Cette indication repose évidemment sur une forte détérior...
Underlying
JCDecaux SA

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Jerôme Bodin

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