JCDecaux has just published its 2009 half year Financial Results, reflecting unprecedented advertising market conditions.

Revenues for the six months ended 30 June 2009 were down 13.3% to €925.4 million compared to the same period last year.

Operating margin decreased by 40.0% to €166.4 million from €277.5 million in the first half of 2008 The Group’s operating margin as a percentage of consolidated revenues was 18.0%, a decrease of 800 basis points compared to the prior period (H1 2008: 26.0%).

Net Income Group share decreased by 95.6% to €4.4 million, compared to €100.9 million in the first half of 2008. This variation mainly reflects the decrease in operating margin and the negative equity affiliates’ results.

Commenting on the 2009 first half results, Jean-François Decaux, Chairman of the Board and co-Chief Executive Officer, said:

“The backdrop to these results has been an extremely challenging environment which will lead to the biggest global GDP decline seen in decades.

Nevertheless, we remain confident in the structural growth opportunity for the outdoor industry in the medium term. We believe that JCDecaux is increasingly well positioned in this industry and the strength of our balance sheet will allow us to take advantage of market opportunities as they arise.”