Revenues increased at JCDecaux despite mobility restrictions in asia and limits on international flights. Here are the results of the company’s 3Q 2021 revenue release. We’ve translated euros into dollars.
- Revenue increased 31% tp $888 million. Street furniture grew 31%. Transit grew 34%. Billboards grew 21%.
- The company expects organic revenue to grow by 20% during the fourth quarter of 2021.
Co-CEO Jean-Francois Decaux said the company’s digital revenues are thriving:
Digital Out Of Home (DOOH) grew by +55.8% yoy and reached 24.5% of Group revenue year-to-date. We continued to accelerate our digital transformation and maintained our focus on the roll-out of digital screens and on the development of our automated data-driven planning and trading solutions. Programmatic trading gained good momentum via the VIOOH platform which is now connected to 34 DSPs (Demand Side Platforms) and trading in 14 countries.
[wpforms id=”9787″]
Paid Advertisement