JCDecaux lowers revenue expectations for Q2 2023 following the loss of two contracts in China
The company said it expects adjusted organic revenue growth of 9% in the second quarter, which will be driven partly by a gradual recovery in China. However, growth was expected to be 11% by the market consensus, and JCDecaux's lower target likely reflects the loss of two contracts in China, Citi analysts wrote in a research note. […]
Fri, May 12, 2023 at 7:32 PM