Acceleration at end of year boosts JCDecaux revenues

PARIS – JC Decaux notched up revenue growth of 6% in the fourth quarter of 2004, helping it achieve full-year revenues of €1.63bn (£1.13bn), up 5.7% on 2003.

The global outdoor advertising company made no comment on its profits or on the outlook for this year, but said it would do so in issuing its results on March 16.

Jean-Charles Decaux, chairman of the executive board and co-CEO, said: "2004 was a year of strong organic growth across all our activities, with an acceleration in the second half allowing us to outperform the advertising market."

In the fourth quarter of 2004, the company's three divisions performed very differently. Transport advertising revenues grew by 16.9% compared with the fourth quarter of 2003, while street furniture grew by 5.4% and billboard revenues were flat.

The company's performance was not unduly affected by the impact of acquisitions and currency fluctuations.

The geographical markets registering the largest revenue increases in 2004 were North America and Asia-Pacific, where the company won a number of new sales contracts.

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