JCDecaux Reports Revenue Decline in Q3 2025
JCDecaux reported a revenue of 926.1 million euros for the third quarter of 2025, marking a decrease of 2.3% according to the company's statement.
Financial Performance in Q3 2025
JCDecaux announced that its revenue for the third quarter of 2025 amounted to 926.1 million euros, showing a decrease of 2.3% compared to the same period in 2024. Organic growth fell by 0.9%, although the company noted an underlying organic growth of about 3%, excluding the impact of the Paris Olympic and Paralympic Games and UEFA Euro 2024. The digital segment (DOOH) experienced an organic growth of 7.6%, accounting for 41.8% of the total revenue, with a significant increase in programmatic sales by 12.3%, now representing 10.8% of the digital revenue.
Performance by Segment
The Street Furniture segment saw a 1.1% decline in organic terms. This decrease is partly attributed to a high comparison base related to events in 2024, including the Olympics. However, in North America, this segment displayed double-digit growth. The Transport segment grew by 1.7%, supported by strong growth in the Americas, the Rest of Europe, and the Rest of the World. Conversely, the Billboard segment recorded a decrease of 6.9%, mainly due to high comparison bases in France and the UK, although Asia-Pacific saw a slight positive growth.
Outlook for Q4 2025
For the fourth quarter of 2025, JCDecaux anticipates overall stable revenue on an organic basis, with a slight expected increase in advertising revenue by 1%. The company highlights a still challenging economic environment and a high comparison base, notably due to significant non-advertising sales in 2024, as well as the absence of recovery in China.
