Core Viewpoint - JCDecaux and JOJ Media House Group have mutually agreed not to proceed with the merger of their outdoor advertising activities in Slovakia [1][2]. Company Overview - JCDecaux SE is the number one outdoor advertising company worldwide, with a 2023 revenue of €3,570.0 million and H1 2024 revenue of €1,807.6 million [3]. - The company has a daily audience of 850 million people across more than 80 countries and operates 1,056,833 advertising panels globally [3]. - JCDecaux is present in 3,918 cities with populations exceeding 10,000 and employs 11,650 people [3]. - The company is listed on the Eurolist of Euronext Paris and is part of the Euronext 100 and Euronext Family Business indexes [3]. Environmental and Social Performance - JCDecaux's carbon reduction trajectory has been approved by the Science Based Targets initiative (SBTi), and the company is part of the Euronext Paris CAC® SBT 1.5° index [3]. - The company has received recognition for its extra-financial performance, including a score of 3.8/5 from FTSE4Good, an A rating from CDP, AAA from MSCI, and a score of 13.7 from Sustainalytics, along with Gold Medal status from EcoVadis [3]. - JCDecaux is the first outdoor media company to join the RE100 initiative, promoting renewable energy [3]. Market Leadership - JCDecaux is a leader in various segments of outdoor advertising, including: - Street furniture with 630,196 advertising panels [3]. - Transport advertising, operating in 153 airports and holding 258 contracts in metros, buses, trains, and tramways, totaling 319,081 advertising panels [3]. - Billboards, ranking number one in Europe with 85,743 advertising panels worldwide [3]. - Outdoor advertising in Europe (708,620 panels), Asia-Pacific (165,292 panels), Latin America (91,682 panels), Africa (25,337 panels), and the Middle East (21,300 panels) [3].
JCDecaux and JOJ Media House Group decide not to pursue the merger of their OOH activities in Slovakia