JCDecaux and América Móvil complete the creation of their joint venture in Mexico
04 Octobre 2017 - 06:55AM
JCDecaux and
América Móvil complete the creation of their joint venture in
Mexico
Paris, 4 October
2017 - JCDecaux SA (Euronext Paris: DEC), the number one
outdoor advertising company worldwide, and América Móvil, S.A.B. de
C.V. ("AMX") (BMV: AMX / NYSE: AMX), the leading provider of
integrated telecommunication services in Latin America, have
announced today the completion of the creation of their joint
venture for their outdoor advertising activities in Mexico. The new
entity will ultimately be 60% controlled by JCDecaux and 40% by
AMX.
This partnership will strengthen
JCDecaux and América Móvil's footprint in Mexico's biggest cities
and round out their product portfolio while aspiring to become
major innovators in the country's outdoor advertising and media
sector.
The Group will now operate over
15,700 advertising panels across Mexico with a wide range of street
furniture in complementary formats, including bus shelters, CIPs
(city information panels), traditional and digital billboards,
buses, bridges and shopping malls.
Key figures for
JCDecaux
-
2016 revenue: €3,393m, H1 2017 revenue:
€1,641m
-
JCDecaux is listed on the Eurolist of Euronext
Paris and is part of the Euronext 100 and Euronext Family
Business indexes
-
JCDecaux is part of the FTSE4Good and Dow Jones
Sustainability Europe indexes
-
N°1 worldwide in street furniture (559,070
advertising panels)
-
N°1 worldwide in transport advertising with more
than 220 airports and 260 contracts in metros, buses, trains and
tramways (354,680 advertising panels)
-
N°1 in Europe for billboards (169,860 advertising
panels)
-
N°1 in outdoor advertising in Europe (721,130
advertising panels)
-
N°1 in outdoor advertising in Asia-Pacific
(219,310 advertising panels)
-
N°1 in outdoor advertising in Latin America
(70,680 advertising panels)
-
N°1 in outdoor advertising in Africa (29,820
advertising panels)
-
N°1 in outdoor advertising in the Middle-East
(16,230 advertising panels)
-
Leader in self-service bike rental scheme: pioneer
in eco-friendly mobility
-
1,117,890 advertising panels in more than 75
countries
-
Present in 4,280 cities with more than 10,000
inhabitants
-
Daily audience: more than 410 million
people
-
13,030 employees
Communications Department: Agathe
Albertini
+33 (0)1 30 79 34 99 - agathe.albertini@jcdecaux.com
Investor Relations:
Arnaud Courtial
+33 (0)1 30 79 79 93 - arnaud.courtial@jcdecaux.com
04-10-2017 # Closing Fusion avec
CMI au Mexique_UK
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: JCDecaux via Globenewswire
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