JCDecaux : Feedback from the road show in Canada
>Buy recommendation reiterated - We organised a road show with JCDecaux in Canada. The group delivered a confident message on the advertising trend in Q2, with positive growth on the group's key geographic areas despite a small sequential slowdown in China. This general momentum will support growth in the operating margin in 2019, which should also be boosted by the integration of APN over 12 months and the numerous new contracts gained in 2017 and 2018. This event un...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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