JC Decaux released its Q3 18 trading statement. Adjusted revenues reached €867.7m (+6.2% reported, +7.3% organic). As usual, the reported revenue number is adjusted (i.e. before applying IFRS11, or proportionately consolidating the JVs instead of under the equity method). They include the impact of IFRS 15 (and also on the restated Q3 17 numbers). Note the organic number excludes perimeter changes as well as FX impacts (€10.6m negative impact in Q3 or -1.2% on the top-line). Over ni

09 Nov 2018
Q3 18 trading statement: quite sound

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Q3 18 trading statement: quite sound
JCDecaux SE (DEC:PAR) | 0 0 -0.1% | Mkt Cap: 7,010m
- Published:
09 Nov 2018 -
Author:
Fabrice Farigoule -
Pages:
2 -
JC Decaux released its Q3 18 trading statement. Adjusted revenues reached €867.7m (+6.2% reported, +7.3% organic). As usual, the reported revenue number is adjusted (i.e. before applying IFRS11, or proportionately consolidating the JVs instead of under the equity method). They include the impact of IFRS 15 (and also on the restated Q3 17 numbers). Note the organic number excludes perimeter changes as well as FX impacts (€10.6m negative impact in Q3 or -1.2% on the top-line). Over ni