JCDecaux revenue back to pre-COVID levels
Global outdoor advertising leader JCDecaux announces that the first-half 2022 revenue was above expectations, thanks to strong growth in digital and a strong recovery in Street Furniture, which was back to pre-COVID revenue levels. Billboards also grew significantly, up 21.9 percent and now above 2019 revenue in Asia-Pacific. According to a source, JCDecaux H1 2022 group revenue grew by +36.3 percent, +31.7 percent on an organic basis, to reach €1,474.8 million, including +21.6 percent on an organic basis in Q2 2022, above the company’s expectations. The company’s organic revenue growth outside China has reached +43.1 percent in H1 2022 and +34.7 percent in Q2 2022.