Additional Information


Ad slowdown drags on JCDecaux revenue forecast

LONDON - Outdoor advertising group JCDecaux expects to be affected by the slowing ad market in Europe, and has lowered its forecast for 2005 organic revenue growth from 4% to between 3.5% and 4%.

Share this article

Jean-Francois Decaux, chairman and joint CEO, said: "In the third quarter of 2005, revenues reflected a deceleration in several European markets and economies, affecting primarily our billboard division."

The company saw a 5.2% year-on-year rise in third-quarter revenues to €393.9m (£267.5m), with organic growth of 1.3%.

The slowdown in Europe and its billboard division, where sales were down by 6.4%, was countered by double-digit growth in Scandinavia, the US and Asia Pacific.

The transport division also performed well, with sales growth of 23.9%, boosted by recently acquired Asian outdoor advertising group Media Nation, and organic sales growth of 10.2%.

If you have an opinion on this or any other issue raised on Brand Republic, join the debate in the Forum.

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus

Additional Information

Latest jobs Jobs web feed

Back to top ^