JCDecaux produced mixed H1 15 results, namely characterised by a flat adjusted operating margin of 19.6% (H1 14: 19.7%). This was despite an improvement in the group's main profit contributor, the Street Furniture division (>3/4trs of consolidated adjusted operating profit in FY14) which positively improved its profitability over the period (up to 30.3% versus 29.2%). Consolidated organic revenues growth reached 2.9% (+11.9% reported, namely after a €104.6m positive forex impact and a
25 Aug 2015
Pursuing its development in a volatile market with low visibility
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Pursuing its development in a volatile market with low visibility
JCDecaux SE (DEC:PAR) | 0 0 -0.1% | Mkt Cap: 7,010m
- Published:
25 Aug 2015 -
Author:
Véronique Cabioc'h -
Pages:
3
JCDecaux produced mixed H1 15 results, namely characterised by a flat adjusted operating margin of 19.6% (H1 14: 19.7%). This was despite an improvement in the group's main profit contributor, the Street Furniture division (>3/4trs of consolidated adjusted operating profit in FY14) which positively improved its profitability over the period (up to 30.3% versus 29.2%). Consolidated organic revenues growth reached 2.9% (+11.9% reported, namely after a €104.6m positive forex impact and a