JCDecaux: sales up 10.9% in Q3

(CercleFinance.com) - Adjusted sales rose by +10.
9% to 948.2 million euros in the third quarter of 2024, compared with 855.0 million euros in the third quarter of 2023.

Excluding the negative impact of exchange rate fluctuations and the positive effect of changes in the scope of consolidation, adjusted sales rose by +11.1%.

Adjusted organic advertising sales, excluding sales, rentals and maintenance contracts for street furniture and advertising plant, were up +10.4% in the third quarter of 2024.

In the third quarter, Street Furniture adjusted sales rose by +8.4% to 468.5 million euros (+8.8% organic).

In Transport, adjusted sales rose by +14.8% to 346.9 million euros (+15.5% organic).

Adjusted sales for the Billboard business rose by +9.8% to 132.7 million euros in the third quarter (+7.9% in organic terms).

'Adjusted organic sales for Q4 2024 are expected to show moderate single-digit growth (' low single-digit ')' says the group.

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