PARIS, July 30 (Reuters) – Outdoor advertising firm JC Decaux published a first-half loss on Thursday, as the COVID-19 pandemic struck the international advertising sector, and the business said it could not provide a monetary outlook given the unsure service environment.
JC Decaux reported a first-half net loss of 254.9 million euros ($300 million), with incomes visiting around 40%to 1.075 billion euros
” Considering the threat of new waves of COVID-19 and brand-new regional lockdowns being implemented, it stays extremely tough to provide a guidance for Q3 2020,” stated Chairman and co-CEO Jean-Charles Decaux.
$ 1 = 0.8500 euros.
Reporting by Sudip Kar-Gupta; Modifying by Tom Hogue
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