JcDecaux SE recorded strong sales growth of 14.0% in the first half of 2024

JcDecaux SE recorded strong sales growth of 14.0% in the first half of 2024
company figures 1. half of 2024
The first half of 2024 was a success for the JcDecaux company. Adjusted sales rose by 14.0% to 1,807.6 million euros. Organic sales growth of 13.4% was particularly gratifying, which was even 15.4% in the second quarter. The adjusted operational result was 261.4 million euros, an increase of 28.7% in the year.
This strong half -year result is mainly due to the strong digital sales performance and business dynamics in all corporate segments. Growth in the Digital Out of Home (DOOH) growth was particularly impressive. In the first half of 2024, the sales generated with Dooh were increased by 28.3%, which made 36.8% of the total turnover of the group.
In addition to sales growth, JCDecaux was also able to demonstrate his ecological performance. The company was assessed by non-financial rating agencies as best-in-class in the areas of environmental protection and sustainability.
For the third quarter of 2024, JCDecaux expects another organic sales growth of around 10%. This results from the continued strong growth of digital sales in all business segments and the positive effects of the Paris Summer Games in France.
As a worldwide leading company in the field of external advertising, JCDecaux is optimally positioned in order to benefit from the digital Transformation in the industry. The company will continue to work to enlarge its market share in a fragmenting media landscape and further strengthen its position as number one of the out-of-home media worldwide.
The detailed company figures and further information on the business areas can be found on the JCDECAUX.
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