(€M) | 2006 | 2005 |
| ||||||
Q1 | Q2 | H1 | Q1 | Q2 | H1 | Q1 | Q2 | H1 | |
Street Furniture | 227.5 | 258.2 | 485.7 | 211.9 | 243.0 | 454.9 | 7.4% | 6.3% | 6.8% |
Billboard | 103.9 | 118.5 | 222.4 | 99.0 | 115.4 | 214.4 | 5.0% | 2,7% | 3.7% |
Transport | 110.8 | 126.9 | 237.7 | 68.8 | 95.6 | 164.4 | 61.0% | 32,7% | 44.6% |
Total | 442.2 | 503.6 | 945.8 | 379.7 | 454.0 | 833.7 | 16.5% | 10.9% | 13.4% |
(€M) |
| ||
Q1 | Q2 | H1 | |
Street Furniture | 5.4% | 5.9% | 5.6% |
Billboard | 4.2% | 3.5% | 3.8% |
Transport | 21.3% | 15.2% | 17.8% |
Total | 8.0% | 7.2% | 7.6% |
Revenues |
|
|
|
|
France | 294.7 | 278.7 | 5.7% | 5.7% |
United Kingdom | 125.2 | 124.4 | 0.6% | 1.0% |
Rest of Europe | 338.3 | 320.7 | 5.5% | 4.8% |
Asia-Pacific | 116.1 | 61.1 | 90.0% | 18.6% |
North America | 64.5 | 44.7 | 44.3% | 37.8% |
Rest of the world | 7.0 | 4.1 | 70.7% | 46.8% |
Total Group | 945.8 | 833.7 | 13.4% | 7.6% |
(1) excluding acquisitions/divestitures, the impact of foreign exchange and the revenue reclassification of some activities in 2006.
Street Furniture revenues for the first half of 2006 increased by 6.8% to €485.7 million from €454.9 million in the first half of last year. Excluding acquisitions and the impact of foreign exchange, organic revenues grew by 5.6%. Core advertising revenues, excluding revenues related to the sale, rental and maintenance of street furniture products, rose by 5.0% organically.
In the second quarter, revenues increased by 6.3% to €258.2 million (+5.9% on an organic basis) compared to the same period last year. The Street Furniture market continued to rebound in France, which reported solid organic revenue growth for the third consecutive quarter. Revenues also improved in the United Kingdom, where sound growth was achieved, while Italy, Sweden, Austria and Eastern Europe reported double-digit revenue increases. Market conditions remained challenging in Belgium and Spain as well as in Germany, where the World Cup did not provide any particular benefit to Street Furniture revenues. In North America, Asia-Pacific and the Rest of the World, revenues recorded double-digit growth.
Billboard revenues for the first half increased by 3.7% to €222.4 million from €214.4 million in the same period last year. Excluding acquisitions and the impact of foreign exchange, organic revenues increased by 3.8% over the period.
In the second quarter, revenues increased by 2.7% to €118.5 million (+ 3.5% on an organic basis). Market conditions proved very favorable in Austria and Portugal, which reported double-digit revenue growth over the period, as well as in several Eastern European countries. Sound growth was also achieved in the United Kingdom and Ireland. However, market conditions remained challenging in Belgium, Italy and France.
Transport revenues rose by 44.6% to €237.7 million from €164.4 million in the first half of last year, following the 2005 acquisitions of MediaNation and Media Partners International in China. Excluding acquisitions and the impact of foreign exchange, organic revenues rose by 17.8%, with strong increases in most countries.
In the second quarter, revenues increased by 32.7% to €126.9 million (+15.2% on an organic basis). Double-digit organic revenue growth was achieved in many European countries including France, Denmark, Spain and Germany, where revenues from Frankfurt Airport, contrary to Street Furniture, were boosted by the World Cup. Strong revenue increases were also reported in Norway, Sweden, Chile and Portugal while revenues from the United-Kingdom were down.