After a rebound in 2021, JCDecaux expects to accelerate by 40% in the first quarter

JCDecaux continues to step up the pace. The French champion and world number one in outdoor forecasts organic revenue growth of 40% during the first three months of the 2022 financial year. revenues had rebounded by 35% compared to the same period a year earlier, while the tricolor group initially forecast organic growth of more than 20%.

Over the past year as a whole, its turnover amounted to 2.75 billion euros. That is an increase of 18.7% compared to last year, when JCDecaux’s annual revenue fell by 40% between 2019 and 2020, from 3.9 billion to 2.3 billion. This upturn in activity allows the operating result to return to the green (8.7 million) and the French group to post a slight net loss (- 14.5 million) following the very heavy one recorded in 2020 (- 604 .6 million).

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