Paris, 30th January, 2018 – JCDecaux SA (Euronext Paris: DEC), the number one outdoor advertising company worldwide, announced today its revenue for the full-year 2017.

Following the adoption of IFRS 11 from 1st January, 2014, the operating data presented below is adjusted to include our prorata share in companies under joint control. Please refer to the paragraph “Adjusted data” on page 3 of this release for the definition of adjusted data and reconciliation with IFRS.

2017 adjusted revenue increased by +2.3% to €3,471.9 million compared to €3,392.8 million in 2016. Excluding the negative impact from foreign exchange variations and the positive impact from changes in perimeter, adjusted organic revenue grew by +3.2%. Adjusted organic advertising revenue, excluding revenue related to sale, rental and maintenance of street furniture and advertising displays, increased by +3.5% in 2017.

Adjusted revenue of the fourth quarter of 2017 increased by +3.6% to €1,018.5 million compared to €982.8 million in Q4 2016. Excluding the negative impact from foreign exchange variations and the positive impact from changes in perimeter, adjusted organic revenue increased by +6.5%. Adjusted organic advertising revenue, excluding revenue related to sale, rental and maintenance of street furniture and advertising displays, increased by +7.3% in the fourth quarter of 2017.

Commenting on the Group’s 2017 revenue performance, Jean-François Decaux, Chairman of the Executive Board and Co-CEO of JCDecaux, said:

“2017 was another record year for JCDecaux with revenue at €3,471.9 million. Our full year organic growth rate of +3.2% was boosted by a better than expected Q4 which grew +6.5% on an organic basis. This strong performance reflects a growing contribution from our digital Street Furniture assets and the recovery of our operations in China, combined with an improvement in France, as well as solid revenue growth in the US and in the Rest of Europe. The UK is weakening while the Rest of the World is starting to benefit from the consolidation, especially in Latin America. Overall, our strong exposure to faster-growth markets remains above 35%. Street Furniture, with a +4.4% organic growth rate, continues to benefit from the ongoing digitisation of our prime portfolio which now represents 14.0% of our Street Furniture revenue. Transport grew +4.5% on an organic basis thanks to the recovery of our operations in China and a growing contribution from digital representing 22.2% of our Transport revenue. Billboard remains challenging in most European countries with an organic revenue decline of -4.2% due to both the lack of consolidation and a smaller contribution of digital which represents only 8.9% of our Billboard revenue. At Group level, digital revenue increased by +35.3% on an organic basis and now account for 16.6% of our total revenue, with only 4 countries, being UK, US, China and Germany, representing 70% of our digital revenue in the world. 2017 was also marked by several strategic contracts wins such as the award of Guangzhou Baiyun airport (Terminal 2) contract in China, 2 contracts in Brazil with São Paulo-Guarulhos airport and São Paulo metro, 2 concessions in Australia with the Yarra trams contract in Melbourne (trams and tram shelters) and the digital payphones contract with Telstra, as well as the Rotterdam Transport and Street Furniture contract. In France, we won several new contracts, of which Nantes and renewed Lyon, Nice and Antibes. We also renewed Brussels airport. At last, driving the consolidation in Latin America, we successfully merged our businesses with América Móvil in October in Mexico, second advertising market of the continent with strong growth perspectives. As usual, we will provide guidance for Q1 when we release our full-year 2017 results on 8th March, 2018. In a media landscape increasingly fragmented, out-of-home advertising reinforces its attractiveness. With our strong exposure to faster-growth markets, our growing premium digital portfolio combined with a new data-led audience targeting platform, our ability to win new contracts and the high quality of our teams across the world, we believe we are well positioned to outperform the advertising market and increase our leadership position in the outdoor advertising industry through profitable market share gains. The strength of our balance sheet is a key competitive advantage that will allow us to pursue further external growth opportunities as they arise.”

Key Figures for JCDecaux:

• 2017 revenue: €3,472m


• JCDecaux is listed on the Eurolist of Euronext Paris and is part of the Euronext 100 index and Euronext Family Business indexes


• JCDecaux is part of the FTSE4Good and Dow Jones Sustainability Europe indexes


• N°1 worldwide in street furniture (559,070 advertising panels)


• N°1 worldwide in transport advertising with more than 220 airports and 260 contracts in metros, buses, trains and tramways (354,680 advertising panels)


• N°1 in Europe for billboards (169,860 advertising panels)


• N°1 in outdoor advertising in Europe (721,130 advertising panels)


• N°1 in outdoor advertising in the Asia-Pacific region (219,310 advertising panels)
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• N°1 in outdoor advertising in Latin America (70,680 advertising panels)


• N°1 in outdoor advertising in Africa (29,820 advertising panels)


• N°1 in outdoor advertising in the Middle-East (16,230 advertising panels)


• Leader in self-service bicycle rental scheme: pioneer in eco-friendly mobility


• 1,117,890 advertising panels in more than 75 countries


• Present in 4,280 cities with more than 10,000 inhabitants


• Daily audience: more than 410 million people


• 13,030 employees