JCDecaux shares jump as Q3 organic growth tops views
05/11/2026 08:21
BUZZ-JCDecaux shares jump as Q3 organic growth tops views ** Shares in JCDecaux JCDX.PA soar around 8% after the company reported on Wednesday after market close a 6.6% organic growth in Q3
** The outdoor advertising company recorded turnover of €1.01 billion for Q3, compared with €926.1 million a year earlier
** J.P. Morgan says Q3 revenue came in 2% ahead of consensus and the organic growth was better-than-expected
** The broker notes that transport segment outperformed growing 7.7% organically
** JPM also highlights JCDecaux management's guidance for continued momentum in Q4
** Including today's rise, the stock has gained 76.36% YTD
(Reporting by Zakarya Meliani)