JCDecaux SA Reports Revenue Results for the Fourth Quarter and Full Year 2012
On a reported basis, 2012 revenues increased by 6.5% to EUR 2,622.8 million from EUR 2,463.0 million in 2011. Organic revenue growth of 1.5% was mainly driven by the strength of the Transport business in key markets especially Asia-Pacific, the Rest of the World, the UK and France. Street Furniture revenues were broadly flat in France and the UK, while most other European geographies showed continued weakness throughout the year and North America enjoyed good growth. Billboard was difficult in most of European markets. Core advertising revenues, excluding revenues relating to the sale, rental and maintenance of street furniture products grew 1.5% organically during 2012.