JCDecaux: Q3 sales up 10.9%
(CercleFinance.com) - Adjusted sales rose by +10.
9% to E948.2m in Q3 2024, compared with E855.0m in Q3 2023.
Excluding negative FX factors and the positive effect of changes in its consolidation scope, adjusted sales rose by +11.1%.
Adjusted organic advertising sales, excluding sales, rentals and maintenance contracts for street furniture and advertising plant, rose by +10.4% in Q3 2024.
In Q3, adjusted Street Furniture sales rose by +8.4% to E468.5m (+8.8% organic).
For the Transport division, adjusted sales rose by +14.8% to E346.9m (+15.5% organic).
Adjusted sales for the Billboard division rose by +9.8% to E132.7m in Q3 (+7.9% in organic terms).
Adjusted organic sales for Q4 2024 are expected to grow at a moderate single-digit rate, the group says.
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