|JCDecaux First Half Revenues Rise 10.7%|
Paris, 9 July 2001 – JCDecaux SA (JCDecaux, Paris: DEC.), one of the world's leading outdoor advertising groups and the largest in Europe, announces that its revenues rose by 10.7% in the first half of 2001, of which approximately half was from organic growth.
Total revenues rose to €755 million in the six months ended 30 June 2001 from €682 million in the same period last year. This increase comprised over 10% growth in the street furniture and transport businesses, partially offset by weak trading conditions in the billboard business.
Commenting Jean-Francois Decaux, Chairman of the executive board and Co-CEO of JCDecaux, said:
“These revenue figures confirm the Company's double-digit revenue growth target for the year and demonstrate the resilience of JCDecaux in difficult market conditions.”
Information on JCDecaux: JCDecaux is one of the three largest outdoor advertising groups in the world. The Group was created in 1964 and pioneered the street furniture advertising medium. Subsequently, JCDecaux's activities have expanded to include billboards and transport advertising. The Group is currently present in 38 countries around the world and in 2000 achieved EBITDA of €386 million on revenues of €1.4 billion.
JCDecaux enjoys leading positions in all of its three key activities:
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With a total of 515,0000 advertising panels, JCDecaux reaches more than 120 million people worldwide via its outdoor network every day. The Group's future is increasingly international and its aim is to continue its development in Europe and grow its presence in the major cities in North and South America and the Asia-Pacific region.
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Cécile Prévot , Investor Relations