JCDecaux : Feedback from road show in Paris: confident message on the beginning of the year
>Buy recommendation reiterated with a target price unchanged at € 37 - We organised a road show with Jean-Charles Decaux, chairman of JCDecaux’s management board and the group’s co-chief executive officer. He delivered a confident message on the advertising trend at the beginning of the year, with positive growth on the group key geographic areas. The group should, notably, benefit from excellent momentum on airports in China (Canton in H1 then Beijing in as of Septe...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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