JCDecaux: targets over 5% adjusted org. sales growth in Q1
(CercleFinance.com) - FY 2018 adjusted sales increased by 3.
6% to 3,618.5 million euros, while adjusted organic sales growth reached +5.2%.
The group's adjusted operating profit increased by 0.2% to 655.1 million euros in 2018, from 653.5 million euros in 2017. Meanwhile, its adjusted operating margin represented 18.1% of sales, 60 basis points less than the previous year.
Net income, group share before impairment charges rose by +6.6% to 217.7 million euros, compared to 204.3 million euros in 2017. After the impact of the impairment charges, net result group share rose by 13.5% to 219.9 million euros compared to 193.7 million euros in 2017.
In 2018, adjusted cash flow amounted to 150.4 million compared to 142.9 million euros in 2017.
The group expects adjusted organic sales growth of over 5% in the first quarter of 2019.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
6% to 3,618.5 million euros, while adjusted organic sales growth reached +5.2%.
The group's adjusted operating profit increased by 0.2% to 655.1 million euros in 2018, from 653.5 million euros in 2017. Meanwhile, its adjusted operating margin represented 18.1% of sales, 60 basis points less than the previous year.
Net income, group share before impairment charges rose by +6.6% to 217.7 million euros, compared to 204.3 million euros in 2017. After the impact of the impairment charges, net result group share rose by 13.5% to 219.9 million euros compared to 193.7 million euros in 2017.
In 2018, adjusted cash flow amounted to 150.4 million compared to 142.9 million euros in 2017.
The group expects adjusted organic sales growth of over 5% in the first quarter of 2019.
Copyright (c) 2019 CercleFinance.com. All rights reserved.