JCDecaux reported Q1 16 revenues up 15.3% on an adjusted basis (i.e. before applying IFRS11) to €748.5m and up 10.5% on an organic basis, i.e. above the group’s guidance of “around +9%”. Conversely, the guidance is for a lower trend in Q2 16e with organic growth expected at only around +3%.
11 May 2016
A strong start to the year… expected to slowdown
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A strong start to the year… expected to slowdown
JCDecaux SE (DEC:PAR) | 0 0 -0.1% | Mkt Cap: 7,010m
- Published:
11 May 2016 -
Author:
Véronique Cabioc'h -
Pages:
2
JCDecaux reported Q1 16 revenues up 15.3% on an adjusted basis (i.e. before applying IFRS11) to €748.5m and up 10.5% on an organic basis, i.e. above the group’s guidance of “around +9%”. Conversely, the guidance is for a lower trend in Q2 16e with organic growth expected at only around +3%.