"In 2020, JCDecaux experienced the most difficult year in its history since its creation in 1964, due to the Covid-19 pandemic"
, the sentence pronounced by Jean-Charles Decaux, Chairman
of the Management
Board and Co-CEO of JCDecaux , is clear.
Read also: Coronavirus: JCDecaux, a world leader in the storm
The world number one in outdoor advertising saw its 2020 turnover plunge 40.6% to 2.3 billion euros and posts a net loss of 604 million euros.
The group has decided to eliminate the payment of the dividend in 2021, as it had already done the previous year.
The presentation made by the group underlines the magnitude of the problem.
Present mainly in Europe (of which France represents 19%) but also in China (its main market) and to a lesser extent in North America, JCDecaux has seen 98% of the countries in which it operates to be partially or totally closed.
The collapse of air traffic with the corollary of the closure of many airports as well as the fall of urban transport have severely affected
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