JCDecaux: 2019 net income up 35%
(CercleFinance.com) - JCDecaux has reported a 34.
6% increase in 2019 net income, group share to 265.5 million euros, with adjusted operating income, before impairment charges that is up 11.7% at 385.2 million euros.
The outdoor advertising group's adjusted revenue increased by 7.5% to 3,890.2 million euros, including organic growth of 2%, driven by a 33% increase in digital sales.
JCDecaux will pay a dividend of 0.58 euro per share for 2019, in line with its level in 2018, and expects adjusted organic revenue growth to decline by around 10% in Q1 2020.
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6% increase in 2019 net income, group share to 265.5 million euros, with adjusted operating income, before impairment charges that is up 11.7% at 385.2 million euros.
The outdoor advertising group's adjusted revenue increased by 7.5% to 3,890.2 million euros, including organic growth of 2%, driven by a 33% increase in digital sales.
JCDecaux will pay a dividend of 0.58 euro per share for 2019, in line with its level in 2018, and expects adjusted organic revenue growth to decline by around 10% in Q1 2020.
Copyright (c) 2020 CercleFinance.com. All rights reserved.