JCDecaux wins Transport for London (TfL) iconic bus shelter advertising concession for 8 years
September 10 2024 - 12:29AM
UK Regulatory
JCDecaux wins Transport for London (TfL) iconic bus shelter
advertising concession for 8 years
JCDecaux wins Transport for London (TfL)
iconic bus shelter advertising concession for 8 years
Paris, September
10th, 2024 – JCDecaux
SE (Euronext Paris: DEC), the number one outdoor
advertising company worldwide, announces that following a
competitive tender, it has been awarded the iconic London bus
shelter advertising contract by Transport for London (TfL) for an
8-year period, with the option of a 2-year extension. The contract
will commence on 1st April 2025.
This is the second-largest bus shelter
advertising contract in the world and covers advertising on all
TfL’s more than 4,700 advertising bus shelters across all 33 London
boroughs including the City of London, Royal Borough of Kensington
and Chelsea, and City of Westminster. JCDecaux has held
the previous contract since 2016. The contract currently includes
612 x 86” digital screens and 9,400 non-digital poster sites on bus
shelters.
With a population of 9 million, London
contributes a quarter of the UK’s GDP, accounts for a third of all
UK adspend and attracts over 20 million international visitors each
year. With around 35 million passenger journeys a week by bus, the
TfL bus shelter network is central to the lives of Londoners for
work, shopping and leisure.
Emma Strain, Customer Director at
TfL, said: “Advertising income from our estate is a
vital source of funding for TfL, so it’s really important we work
with ambitious and innovative media partners. I am delighted that
our trusted brand and the vast, diverse audiences who interact with
our huge bus shelter advertising estate, is in the hands of
JCDecaux, an internationally recognised commercial media partner.
The TfL advertising estate is a unique canvas in out-of-home
advertising that brings brands to our customers as they travel
around the city. Working with JCDecaux means we can continue to
build on what we’ve achieved to date and stay at the forefront of
what advertisers and audiences want across the capital.”
Jean-François Decaux, Co-CEO of
JCDecaux, said: "We are very proud to win a new 8-year
contract with Transport for London, having been the trusted partner
for this iconic contract in London’s capital city for over 8 years.
The strengthening of this long-term partnership is a recognition of
JCDecaux’s expertise and operational capabilities and our
successful digitisation of the second-largest bus shelter
advertising contract in the world. Working with TfL, we have
delivered new creative, flexible and data-driven opportunities
including full programmatic solutions while also enhancing the
passenger experience. 81% of Londoners see bus shelter ads every
week, making London’s bus shelters the big reach medium that brands
need. We would like to thank TfL for their continued trust and
confidence in JCDecaux, the number one Out-of-Home Media company
worldwide and we look forward to continuing our partnership in
making London the digital OOH capital of the world.”
Key Figures for JCDecaux
- 2023 revenue:
€3,570.0m(a) – H1 2024 revenue:
€1,807.6m(a)
- N°1 Out-of-Home Media company
worldwide
- A daily audience of 850 million
people in more than 80 countries
- 1,056,833 advertising panels
worldwide
- Present in 3,918 cities with
more than 10,000 inhabitants
- 11,650 employees
- JCDecaux is listed on the
Eurolist of Euronext Paris and is part of the Euronext 100 and
Euronext Family Business indexes
- JCDecaux is recognised for its
extra-financial performance in the FTSE4Good (3.8/5), CDP (A),
MSCI (AAA), Sustainalytics (13.7), and has achieved Gold Medal
status from EcoVadis
- 1st Out-of-Home Media company
to join the RE100
- Leader in self-service bike
rental scheme: pioneer in eco-friendly mobility
- N°1 worldwide in street
furniture (630,196 advertising panels)
- N°1 worldwide in transport
advertising with 153 airports and 258 contracts in
metros, buses, trains and tramways (319,081 advertising
panels)
- N°1 in Europe for billboards
(85,743 advertising panels worldwide)
- N°1 in outdoor advertising in
Europe (708,620 advertising panels)
- N°1 in outdoor advertising in
Asia-Pacific (165,292 advertising panels)
- N°1 in outdoor advertising in
Latin America (91,682 advertising panels)
- N°1 in outdoor advertising in
Africa (25,337 advertising panels)
- N°1 in outdoor advertising in
the Middle East (21,300 advertising panels)
(a) Adjusted
revenue
For more information about JCDecaux, please
visit jcdecaux.com.
Join us on Twitter, LinkedIn, Facebook, Instagram
and YouTube.
Communications
Department: Albert Asséraf
+33 (0) 1 30 79 79 10 – albert.asseraf@jcdecaux.com
Investor
Relations: Rémi Grisard
+33 (0) 1 30 79 79 93 – remi.grisard@jcdecaux.com
About TfL
Transport for London (TfL) is the integrated transport authority
responsible for delivering Mayor of London Sadiq Khan's strategy
and commitments on transport. It runs the day-to-day operation of
the capital's public transport network, including London
Underground, London Overground, Docklands Light Railway, London
Trams, London Buses and Elizabeth line services, as well as
promoting walking and cycling and managing London's main roads. TfL
does all it can to keep the city moving, working and growing and
reinvests all income generated through fares and commercial revenue
to run and improve services.
JCDecaux (EU:DEC)
Historical Stock Chart
From Oct 2024 to Nov 2024
JCDecaux (EU:DEC)
Historical Stock Chart
From Nov 2023 to Nov 2024