JCDecaux explained

JCDecaux Group
Type:Public limited company with an executive board and a supervisory board
Traded As:
CAC Mid 60 Component
Hq Location City:Neuilly-sur-Seine
Hq Location Country:France
Founder:Jean-Claude Decaux
Industry:Out-of-home advertising, mass media
Parent:JCDecaux Holding
Num Employees:13,030 (2016)
Revenue: 3,618.5 million (2018)
Net Income: 237.5 million (2018)

JCDecaux Group (JCDecaux SA, in French pronounced as /ʒisedəˈko/) is a multinational corporation based in Neuilly-sur-Seine, near Paris, France,[1] known for its bus-stop advertising systems, billboards, public bicycle rental systems, and street furniture. It is the largest outdoor advertising corporation in the world.[2]

The company was founded in 1964 in Lyon, France, by Jean-Claude Decaux. Over the years it has expanded aggressively, partly through acquisitions of smaller advertising companies in several countries. JCDecaux currently employs more than 10,720 people worldwide and maintains a presence in over 80 countries.[3] In France alone, JCDecaux employs more than 3,500 people.

History

Jean-Claude Decaux[4] (born 1937) first created a company in 1955 that specialised in outdoor advertising alongside motorways. However, as these billboards were heavily taxed by law, Jean-Claude Decaux turned towards a business model in 1964 that was based on city billboards and invented the concept of advertising street furniture – well-maintained bus shelters fully funded by advertisers.Since the first concept of the bus shelter in 1964, JCDecaux has grown to offer different types of street furniture. In the 1970s, JCDecaux launched its first Citylight Information Panels (CIPs), a 2 m2 billboard with signage to indicate directions in cities to drivers. The first fully accessible automatic amenities were installed in San Francisco in 1994, although, in 1981, JCDecaux established a system of automatic public toilet amenities in France. In 1981, JCDecaux also developed the News Electronic Journal, which broadcasts news relating to culture, sport, associations and information about the city.

JCDecaux then bought the Société Fermière des Colonnes Morris. The senior billboards, which measure 8 m2 and allow multiple ads on a single site, were created in the 1980s. The first scrolling billboards appeared in 1988, which increased the number of advertising panels without raising the number of structures.

In 1999, the group acquired Havas Media Communication and Avenir.[5] This acquisition allowed the group to expand into the large-format advertising market and advertising in airports. In 2001, JCDecaux entered the Euronext Stock Exchange[6] with an opening share price of €16.50. In 2002, Jean-Claude Decaux passed the management of the company on to two of his three sons, Jean-Charles Decaux and Jean-François Decaux, who then became co-CEOs of the company.

JCDecaux installed its first rental system of self-service bicycles in Vienna in 2003 and then in Lyon in 2005. In 2007, JCDecaux won a tender for Paris's street furniture and bicycle rental system. Today, JCDecaux has a fleet of 52,000 bicycles now present in 70 cities, operated under the brand Cyclocity.

In 2011, JCDecaux acquired MediaKiosk (a company that own kiosks in France) as the main shareholder.[7]

As part of the open data movement, JCDecaux made available its data system for the rental bike service in 2013.[8] The company is also recognized for its commitment to sustainable development and holds an ISO 14001 certification.

In January 2022, JCDecaux reported its 2021 revenue as $3.06 billion, an increase of 18.7%, which was perceived as an indication that the out-of-home market had recovered from the disruption caused by the COVID-19 pandemic restrictions of the previous years.[9] [10]

Activities

The JCDecaux Group specialises in advertising street furniture, large-format billboards, advertising on public transport, and self-service bicycle rental systems.

Street furniture

Advertising street furniture was a concept invented by Jean-Claude Decaux. Street furniture includes bus shelters, Morris columns, city information panels (CIP/MUPIs) and kiosks. Such formats enable advertisers to reach city centres, where large-format billboards are not available. Cities can retain a portion of the advertising panels for their own use. In some countries, JCDecaux holds a contract in shopping malls.

In order to adapt street furniture to the environment, JCDecaux works with internationally renowned designers, such as: Mario Bellini, Philip Cox, Peter Eisenman, Norman Foster, Zaha Hadid, Patrick Jouin, Philippe Starck, Robert Stern, Martin Szekely and Jean-Michel Wilmotte. JCDecaux also has a design office, which works to improve and modernise furniture.

Street furniture also includes a range of non-advertising sites, such as self-service toilets (Sanisettes), electronic newspapers and interactive kiosks next to public benches, bins, columns, road signs, glass batteries and paper containers.

Transport advertising

The term transport includes outdoor advertising in airports, on the underground, on buses, trams, and on taxis. JCDecaux operates concessions in 150 airports and more than 300 subways, trains, trolleys and bus stations. In 2013, advertising in transport accounted for 37.9% of JCDecaux's revenue.[11]

Billboard advertising

Billboard advertising includes advertising billboards of more than 8 m2. These formats can be adapted for many different purposes, such as for event artworks (for example: building wraps), which is operated by JCDecaux under the brand "Artvertising".

Individuals are offered the opportunity to lease part of their property (i.e. wall or garden) to JCDecaux as a billboard site.

Bicycle rental systems

The public bicycle rental systems are each financed by local advertising operators, in most cases in return for the cities signing over a 10-year licence to exploit citywide billboards. The overall scheme is called Cyclocity by the company, but each city's system has an individual name.

The cities that have implemented JCDecaux's bicycle rental systems are listed below.[12]

To sort this table by any column, click on the icon next to the column title.

City Country Launch date System
name
Stations Bikes
2008 Vélam 26 313
2007 VéloCité 30 200
2010 150 2000
2009 360 5000
2009 VélO2 42 400
2003 Cyclocity 4 35
2010 Cristolib’ 10 130
2009 102 1500
2003 Gijon-Bici 8 64
2010 50[13] 600
2013 Veli’K[14] 6 120[15]
2013 Bysykkel 5 50
2011 84[16] 840
2014 Lundahoj 17 250
2008 Vel'oh 116 1000 [17]
2005 348 4000
2022 Mbajk 22 220
2007 Le vélo 130 1000
2007 Vélocité 40 240
2010 Li Bia Velo 24 240
2008 VélOstan'lib 29 250
2008 Bicloo 102 880
2007 Cy'clic 20 250
2008 Tusbic 15 200
2007 260 2500
2007 VélôToulouse 253 2400
2010 Cyclocity-Toyama 15 150
2010 275 2750
2003 City Bike 116 1500
2013 Cyclocity Vilnius37 300

Worldwide presence

JCDecaux operates in more than 75 countries across five continents. 77.9% of JCDecaux's annual revenue comes from outside of France.[11]

Europe

JCDecaux originated in France and quickly became established abroad, with its first foreign contracts in Belgium in 1966 and then in Portugal in 1971.

Thanks to its partnership with Wall AG, the company settled in Germany in 1982 and then in Turkey in 1996.

JCDecaux UK was founded in the United Kingdom in 1984 and is the market leader in outdoor advertising. In 2005, JCDecaux UK unveiled the UK's tallest outdoor advertising structure: the M4 Torch. JCDecaux won several important contracts such as: a contract for Outdoor Advertising at St Pancras International in London (2011),[18] and National Rail Outdoor Advertising and BAA Advertising Contracts at Heathrow, Heathrow Express, Aberdeen, Edinburgh, and Glasgow Airports. In 2010, JCDecaux completed the acquisition of UK rival Titan Outdoor.[19] In 2015, JCDecaux won the Transport for London (TfL) bus shelter advertising contract.[20]

JCDecaux can now be found in most European countries, including Luxembourg (1985), the Netherlands (1986), Finland (1989), Sweden (1989), Spain (1990), Slovakia (1990), Czech Republic (1995), Norway (1998), Ireland (1999), Poland (1999) and in Hungary (2012). JCDecaux can also be found in the Baltic states (2002), Bulgaria (2007), and Ukraine (2007).[21] Additionally, JCDecaux is present in Denmark (AFA JCDecaux Denmark) since 1989, in Italy (IGPDecaux) since 1995, in Iceland (AFA JCDecaux Iceland) since 1998, in Switzerland (APG|SGA) since 1999, in Austria (Gewista) since 2001, in Croatia and Slovenia (Europlakat) since 2001, in Serbia (Alma Quattro) since 2003 and in Russia (Russ Outdoor) since 2007 through equity or joint ventures.

North America

JCDecaux has been present in the United States since 1993 in major cities and 26 US airports, including New York,[22] Washington, D.C.,[23] and Los Angeles.[24] JCDecaux entered Canada in 2002.

Its North America division has its head office 350 Fifth Avenue in Midtown Manhattan, New York City.[25]

South America

JCDecaux moved into Brazil and Argentina in 1998. The company is also a part of the outdoor market in Argentina, Uruguay (2000), and Chile (2001). JCDecaux won a contract for 1000 digital clocks in São Paulo (2012), completing the acquisition of 85% of EUMEX.[26]

Middle East and Africa

The company's operation also covers the Middle East with offices established in Dubai and Abu Dhabi in the United Arab Emirates, Doha in Qatar, Tel Aviv in Israel, as well as Riyadh, Jeddah, Dammam and Madinah in Saudi Arabia. JCDecaux signed a 20-year exclusive street furniture contract to provide the City of Muscat, the capital of the Sultanate of Oman, with a wide range of advertising street furniture.[27]

JCDecaux is present in six African countries: Algeria (2007), Cameroon (2011), Côte d'Ivoire (2011), South Africa (2011), Tanzania (2016), Botswana (2016), and Nigeria (2017).

Asia and Oceania

JCDecaux expanded to Australia in 1997.In Asia, JCDecaux can be found in Singapore and Thailand (1999), Japan (2000, as MCDecaux) and South Korea (2001). JCDecaux entered China in 2004, in seven airports, including Hong Kong, Shanghai and Beijing. The company also has a presence in India (2006), Uzbekistan (2006), Kazakhstan (2007) and Mongolia (2014).[28]

JCDecaux maintains most of the bus stops and MUPIs in the NDMC area in Delhi.

In 2018, the company acquired Australian outdoor advertising company APN Outdoor.[29]

In March 2020, JCDecaux reported that they had been disinfecting bus shelters in Delhi as an effective method to combat the spread of COVID-19.[30]

In April 2022, JCDecaux Australia appointed Max Eburne as their CCO, who confirmed that OOH was "stronger than ever before" and was coming out of the period of considerable losses during the COVID-19 restrictions period.[31]

See also

And rival outdoor advertising companies:

Notes and References

  1. Web site: Legal disclaimer. JCDecaux. 2014-05-04. … whose registered office is located at 17 rue Soyer, 92523 Neuilly-sur-Seine, Paris, France.. dead. https://web.archive.org/web/20140316183931/http://www.jcdecaux.com/en/layout/set/print/content/view/full/114. 2014-03-16.
  2. Web site: February 9, 2011 . JCDecaux: number one outdoor advertising company in the world . JCDecaux.
  3. Web site: StephaneL . Company information . 2022-09-01 . www.jcdecaux.com . 25 August 2021 . en.
  4. Web site: Jean-Claude Decaux & family . Forbes . 3 May 2022.
  5. Web site: JC Decaux to buy Havas' outdoor advertising division . 27 April 1999 . campaignlive.co.uk . 5 May 2022.
  6. Web site: Financial News - Setting the agenda for the City.
  7. Web site: French and Benelux stocks-Factors to watch on Oct 21 . 21 October 2011 . Reuters . 3 June 2022.
  8. Web site: JCDecaux Developer. developer.jcdecaux.com.
  9. Web site: JCDecaux Results Show Recovery of Confidence in Out of Home . Lepitak . Stephen . 28 January 2022 . Adweek . 29 June 2022.
  10. JCDecaux: Full-Year 2021 results . 10 March 2022 . GlobeNewswire . 1 July 2022.
  11. Web site: Annual Report / The JCDecaux group / Home - JCDecaux . 2016-09-24 . dead . https://web.archive.org/web/20161004031930/http://www.jcdecaux.com/en/The-JCDecaux-group/Annual-Report . 2016-10-04 .
  12. Web site: Cyclocity cities . 2013-07-09 . 2014-05-04. Cyclocity.
  13. Web site: Allt du behöver veta om Styr & Ställ . Styr & Ställ . https://web.archive.org/web/20100817071953/http://www.goteborgbikes.se/Allt-du-behoever-veta-om-Styr-Staell . 17 August 2010 . 13 May 2022.
  14. Web site: Veli'K: итоги работы городского велопроката . Russ Outdoor .
  15. Web site: Лето в городе: 8 июня в Казани стартовал сезон велопроката . Russ Outdoor.
  16. Web site: Ljubljanainfo . BicikeLJ – kmalu še dve novi postajališči ob Dolenjski cesti, potem je pogodba izčrpana, kaj sledi? . 2024-03-29 . ljubljanainfo.com . sl-SI.
  17. Web site: vel'OH!, the self-service e-bike system operated by JCDecaux in Luxembourg, is a success with more than 800,000 rentals in 2021 . JCDecaux . 24 January 2022 . 17 September 2022.
  18. Web site: JCDecaux awarded digital advertising contract at St Pancras station. 9 November 2011. The Moodie Davitt Report.
  19. Web site: JCDecaux buys Titan Outdoor . Sweney . Mark . 19 January 2010 . The Guardian . 13 May 2022.
  20. Web site: TfL confirms JCDecaux as winner of 'world's biggest bus shelter ad contract' . Oakes . Omar . 6 August 2015 . campaignlive.co.uk. . 20 May 2022.
  21. Web site: 21 December 2012 . JCDecaux reenters Hungary . dead . https://web.archive.org/web/20160927075251/http://www.jcdecaux.com/en/Newsroom/Press-Releases/2012/JCDecaux-reenters-Hungary . 27 September 2016 . JCDecaux.
  22. Web site: JCDecaux renews and expands its New York Airport contract . 12 September 2005 . JCDecaux . 31 May 2022.
  23. Web site: JCDecaux renews advertising contract for the two Washington DC Airports . 9 September 2010 . JCDecaux . 31 May 2022.
  24. Web site: JCDecaux wins Los Angeles International Airport Terminal Media Operator Concession . 12 December 2013 . JCDecaux . 31 May 2022.
  25. Web site: Contact . JCDecaux North America . 2014-05-04 . Head Office 3 Park Avenue, 33rd Fl New York, NY 10016 . https://web.archive.org/web/20120307171142/http://www.jcdecauxna.com/contact . 2012-03-07 . dead .
  26. Web site: BOURSE-JCDecaux au plus haut après un contrat au Brésil . 30 January 2015 . Reuters . 7 June 2022.
  27. Web site: JCDecaux SA: JCDecaux Launches Its Operations in Oman Through a 20-Year Street Furniture Contract with Muscat Municipality . 4-traders . February 21, 2012.
  28. http://in.reuters.com/article/2014/09/18/jcdecaux-idUSnBw185910a+100+BSW20140918
  29. Web site: APN Outdoor shareholders approve JC Decaux deal. Paul. Wallbank. Mumbrella. 15 October 2018.
  30. Web site: JCDecaux India joins COVID-19 fight, sanitises public utilities . 31 March 2020 . exchange4media.com . 8 July 2022.
  31. Web site: JCDecaux's CCO Max Eburne: 'OOH is stronger than ever before' . Shepherd . Emma . 6 April 2022 . Mumbrella . 29 July 2022.