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Visual21 Nov 2025
Data center suppliers
JCDecaux (DEC) investor relations material
JCDecaux Q3 2025 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 TU earnings summary6 Nov, 2025
Executive summary
Q3 2025 revenue reached €926.1m, a -2.3% decrease year-over-year, with organic revenue down -0.9%, slightly above expectations despite a challenging macroeconomic environment.
Underlying organic revenue growth was approximately +3% when excluding the 410bp negative comparison impact from the 2024 Paris Olympic & Paralympic Games and UEFA Euro.
Digital Out-of-Home (DOOH) revenue grew +7.6% organically, now representing 41.8% of total revenue, with programmatic revenue up +12.3% and accounting for 10.8% of DOOH revenue.
Financial highlights
Q3 2025 reported revenue: €926.1m, down from €948.2m in Q3 2024.
Street Furniture revenue: €456.9m (-2.5% reported, -1.1% organic); Transport: €345.5m (-0.4% reported, +1.7% organic); Billboard: €123.7m (-6.8% reported, -6.9% organic).
Q3 2025 IFRS revenue: €855.8m, compared to €872.0m in Q3 2024.
For the first nine months of 2025, IFRS revenue was €2,588.5m, up from €2,538.7m for the same period in 2024.
Outlook and guidance
Q4 2025 organic revenue growth expected to be around flat, with advertising revenue anticipated to rise by about +1%.
No improvement in trading expected in China; significant non-advertising revenue from the Paris public toilet network contract will impact comparables.
Underlying organic growth excluding event impact
What drives programmatic DOOH revenue growth?
Detail China's impact on Q4 revenue outlook
Partial view of Summaries dataset, powered by Quartr API
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Q4 202512 Mar, 2026
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Frequently asked questions
JCDecaux SE is a international outdoor advertising company and Out-of-Home Media company. The company is well known for its bus-stop advertising systems, billboards, public bicycle rental systems, and street furniture. The company was founded in 1964 in Lyon, France, by Jean-Claude Decaux, and is headquartered in Neuilly-sur-Seine, France.
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