Core Insights - The company reported a record revenue of €858 million for Q1 2025, reflecting a 7.0% increase compared to Q1 2024, with organic revenue growth at 5.5% [2][8] - Digital revenue growth was particularly strong at 17.0%, with programmatic digital out-of-home (OOH) media revenue increasing by 29.9% [3][4] - The company anticipates low single-digit organic revenue growth for Q2 2025 due to global economic uncertainties and the impact of major events like the Paris Olympic Games and UEFA Euro 2024 [5][16] Revenue Breakdown - Total revenue for Q1 2025 was €858 million, up from €801.6 million in Q1 2024, with organic growth of 5.5% after excluding foreign exchange impacts [8][10] - Revenue by segment: - Street Furniture: €422.5 million, +5.4% reported growth, +5.3% organic growth [10][12] - Transport: €315 million, +9.3% reported growth, +6.1% organic growth [10][13] - Billboard: €120.5 million, +7.1% reported growth, +4.6% organic growth [10][14] Geographic Performance - All geographic regions experienced growth in Q1 2025, with notable contributions from Rest of Europe, North America, and the Rest of the World [4][9] - The Asia-Pacific region showed low single-digit growth, primarily due to flat performance in China [13] Future Outlook - For Q2 2025, the company expects organic revenue growth to be low single-digit, with Street Furniture pacing mid-single digit while Transport and Billboard are currently flat [5][16] - The company will hold its Annual General Meeting of Shareholders on May 14, 2025, and will report half-year results on July 31, 2025 [16]
JCDecaux : Q1 2025 trading update