Insider has two thoughts about last Friday’s JCDecaux third quarter earnings announcement. Billboards and street furniture are rebounding from covid the fastest. JCDecaux revenue was down 41% in the 3rd quarter of 2020. The worst impact of covid was on the company’s transit business which is down 52%. Covid needs to […]
PJ Solomon issued its 2020 advertising trends reports yesterday. Here’s a page from the report summarizing 2020 forecasts for out of home. Industry revenues will be down 15-20% in 2020. OUTFRONT and Clear Channel Outdoor will be hit harder than Lamar because they have more concentration in international, urban, transit […]
Jean-Francois Decaux’s comments on last seek’s JCDecaux earnings call highlighted the uncertainty as to how fast transit and airport advertising markets will recover from covid. Here are two slides which illustrate the company’s predicament together with Jean-Francois Decaux’s comments. Many JCDecaux’s transit markets haven’t recovered. As of last week, you […]
JCDecaux released first half 2020 financials yesterday and the results weren’t pretty for this urban out of home and transit advertising company. We’ve translated the financials from euros to dollars. JCDecaux Financials for first half of 2020 (million’s) Revenues declined by 42% to $1.2 billion of the first 6 months […]
Paris, 9 July 2020 – JCDecaux SA (Euronext Paris: DEC), the number one outdoor advertising company worldwide, has developed and is now offering local authorities its new-generation Natural Cooling bus shelter, with a solution to the issue of urban heat islands. The new model expands the range of innovative bus shelters […]
On this week’s OAAA lunch break on sustainability after covid-19 Adams Outdoor CEO Kevin Gleason commented “It’s inspiring to see what JCDecaux is doing as it relates to taking responsibility for making the world a better place…” Here are some of the things which JCDecaux Chief Sustainability Officer Carole […]
2020 Local Case Study Award Winners Case studies are powerful testimonials and the OAAA case study library contains over 650 examples of how OOH is creating results in markets across the US. The fifth annual OAAA/Geopath Local Case Study Contest produced a record 64 entries, and the cases demonstrated OOH is […]
Paris, June 2nd 2020 – JCDecaux SA (Euronext Paris: DEC), the number one outdoor advertising company worldwide, announces today its partnership with S4M, the drive-to-store platform, enabling advertisers to combine their Out-of-Home (OOH) and mobile advertising activations to drive store footfall. This offer, which will be available initially in 8 markets worldwide […]
Here are press release excerpts from Clear Channel Outdoor confirming the sale of their share in Clear Media. Clear Channel Outdoor Holdings, Inc. (CCO) (the “Company”), one of the world’s largest outdoor advertising companies, today announced that it has entered into an agreement to irrevocably tender to sell its 50.91% […]
Two interesting new items from JCDecaux. First in a press release on the 25th, JCDecaux announced the withdrawal of its 2019 dividend proposal in order to strengthen its liquidity, its balance sheet in response to the unprecedented global disruption due to the Covid-19 outbreak. Jean-François Decaux, Chairman of the Executive […]
