Core Insights - JCDecaux SE reported a strong Q1 2025 performance with a revenue growth of +7% to €858 million, marking a record level for a first quarter [8][12] - The company achieved a +5.5% organic revenue growth, driven by significant digital revenue growth of +17% [8][12] - The outlook for Q2 2025 anticipates low single-digit organic revenue growth due to global economic uncertainties [20] Business Highlights - Key contract wins include a 10-year exclusive advertising concession for multiple airports in Saudi Arabia [3] - The company was recognized for its leadership in corporate transparency and climate change performance by CDP, making it to the 'A List' for the second consecutive year [4] - Daniel Hofer, CEO for Germany, Austria, and Central & Eastern Europe, announced his retirement from operational roles effective August 31, 2025 [5] Revenue Breakdown - Street Furniture revenue increased by +5.4% to €422.5 million, with organic growth of +5.3% [14][16] - Transport revenue rose by +9.3% to €315 million, with organic growth of +6.1% [14][17] - Billboard revenue grew by +7.1% to €120.5 million, with organic growth of +4.6% [14][18] Geographic Performance - All activities and geographies contributed to revenue growth, with notable performance in Rest of Europe, North America, and the Rest of the World [8][12] - The Asia-Pacific region experienced low single-digit growth, primarily due to flat performance in China [17] Future Outlook - The company expects a low single-digit organic revenue growth rate for Q2 2025, with Street Furniture pacing mid-single digit while Transport and Billboard are currently flat [20]
JCDecaux : Q1 2025 – Business review