Report

JCDecaux : Road show feedback: fundamentals intact, recovery in margins in H2 2019

>Good visibility on revenues, recovery in margins expected in H2 2019 - We organised a road show with David Bourg, board member and CFO of the company. The group reiterated its confidence in the guidance for organic growth of 7% in Q3 after +2.8% and +4.9% in the previous months. The reasons for an acceleration in revenues include: i/ excellent momentum in China (20% of group revenues) particularly mainland China; 2/ the contribution of the record number of contracts ...
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.

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Matthias Desmarais
  • Matthias Desmarais

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