JCDecaux (DEC) Q3 2026 TU earnings summary

Executive summary

• Q3 2026 revenue rose 9.1% reported and 6.6% organically to €1,010.5m, with all three activities growing organically and digital advertising a key driver.

• Growth was supported by the 2026 FIFA World Cup and accelerating programmatic trading, despite macroeconomic and geopolitical uncertainty.

Financial highlights

• Q3 revenue was €1,010.5m versus €926.1m in Q3 2025; reported growth was 9.1% and organic growth 6.6%.

• 9M revenue reached €2,964.5m, up 6.1% reported and 6.0% organically versus €2,794.4m in 9M 2025.

• Q3 advertising revenue, excluding sales, rental and maintenance of street furniture and displays, grew 6.7% organically.

Outlook and guidance

• Q4 organic revenue growth is expected to be ~6%, with solid momentum continuing despite macroeconomic and geopolitical uncertainties.