JCDecaux swings to 2022 profit, but won’t propose a dividend to pursue investment opportunities (Morning Star)

By Mauro Orru. JCDecaux SE is planning not to pay a dividend after swinging to a net profit last year as it seeks to strengthen its coffers to pursue what it called external bolt-on investment opportunities. The French outdoor-advertising company on Thursday reported a net profit of 132.1 million euros ($139.3 million) compared with a EUR14.5 million loss in 2021. […]