JCDecaux : Q2 impacted by China but underpinned by traffic recovery in Europe
>JCDecaux could do better than its guidance despite China - This flash provides an update on our expectations for JCDecaux for Q2. We expect the group to beat its organic guidance for Q2. At its Q1 revenue release on 5 May, the group had indicated it expected +15%. With European air traffic having largely recovered, we expect this guidance to be exceeded despite a still-difficult situation in China due to the lockdown. The guidance for Q3 and EBITDA in H1 will be deci...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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