JCDecaux tracks worst day in 6 mths on 'conservative' guidance

Jcdecaux SE

07/05/2025 08:51

** Shares in French advertising firm JCDecaux JCDX.PA fall more than 8%, after it published a conservative guidance for Q2 organic revenue growth

** Although, the company's first-quarter results beat market expectations, its guidance announcement falls short of consensus

** "Management... has guided for low single digit organic revenue growth due to global economic uncertainty" J.P.Morgan says, vs consensus expectations of 4% growth

** Kepler Cheuvreux's Conor O'Shea also points to the conservative guidance, although he highlights that it is put against "very steep comparison" base from last year's 15%

** If losses persist, the stock will see its worst day since early November

** The stock is down over 5% YTD

 (Reporting by Mateusz Rabiega)

 ((Mateusz.rabiega@thomsonreuters.com))