JCDecaux SA has published its audited results for the year ended December 31, 2009.

As reported on 29 January 2010, consolidated revenues decreased by 11.5% to €1,918.8 million in 2009.

Group operating margin was down by 28.7%, dropping from €549.9 million in 2008 to €392.0 million. The operating margin as a percentage of consolidated revenues was 20.4%, down 500 basis points compared to the prior period (2008: 25.4%).

EBIT decreased by 48.1% to €122.8 million, down from €236.4 million in 2008. The Group’s EBIT margin was 6.4% of consolidated revenues. Due to the current advertising environment and the negative outlook in some markets, certain of the Group’s assets were impaired over the period. Exceptional depreciation of tangible and intangible assets amounted to €20.6 million in 2009.

Net income Group share decreased from €108.1 million in 2008 to €24.5 million, a drop of 77.1%

Regarding the perspectives for 2010, Jean-François Decaux, Chairman of the Executive Board and Co-CEO, said: ”The more positive advertiser sentiment we reported in January 2010 has continued during the first quarter of this year and we currently anticipate that JCDecaux can achieve positive organic revenue growth of around 5% in Q1 2010.”