JCDecaux: targets about 6% organic growth in Q4

(CercleFinance.com) - Adjusted sales rose by 5.
8% to E855m in Q3 2023, compared with E808.4m in Q3 2022.

On an organic basis (i.e. excluding the negative FX impact of E33.4m and the positive impact of E12.2m from changes in its consolidation scope), adjusted sales were up by 8.4%.

Adjusted sales for the Street Furniture business rose by 4.7% to E432m (+5.3% on an organic basis).

Adjusted billboard sales were up 2.3% at E120.8m, or 2.5% on an organic basis, with double-digit growth in the UK and solid single-digit growth in Asia-Pacific.

Adjusted organic sales growth for Q4 2023 is expected to be around +6%.


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