JCDecaux SE (JCDXF) Q2 2024 Earnings Call

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WEBVTT 00:00:01.837 -- 00:00:08.063 Ladies and gentlemen, welcome to the GCE Decaux 2024 Half-Year Results presentation. 00:00:08.063 -- 00:00:12.948 I will now hand over to Jean-Charles Decaux, Chairman of the Executive Board and Co-CEO. 00:00:12.948 -- 00:00:15.549 Sir, please go ahead. 00:00:16.011 -- 00:00:21.376 Good morning, everyone, and welcome to our 2024 Half-Year Results conference call. 00:00:21.376 -- 00:00:26.401 The speakers today on this call will be Jean-François Decaux, Co-Chief Executive Officer, 00:00:26.401 -- 00:00:30.912 David Boulle, Chief Financial IT and Administrative Officer, and I. 00:00:30.912 -- 00:00:37.556 Remy Grisard, Head of Investor Relations, is also attending today's conference call. 00:00:38.539 -- 00:00:44.384 We are overall pleased with our H1 results, as all key metrics have significantly 00:00:44.384 -- 00:00:48.668 improved year on year, despite a challenging environment. 00:00:48.668 -- 00:00:52.411 We have enjoyed a strong momentum. 00:00:52.411 -- 00:00:58.014 Our revenue grew beyond expectation, increasing by 13.4% organically. 00:00:58.536 -- 00:01:03.736 This performance was mainly driven by the continued strength of digital, which 00:01:03.736 -- 00:01:06.117 grew by 27.8% 00:01:06.579 -- 00:01:09.599 and now makes up 36.8% 00:01:09.801 -- 00:01:16.465 of our total revenue. Programmatic advertising grew by 61.8% year-on-year, 00:01:16.507 -- 00:01:19.690 reaching 9% of digital revenue. 00:01:19.690 -- 00:01:24.954 We have also strengthened our portfolio of contracts with, for example, the wind of Shenzhen 00:01:24.954 -- 00:01:31.358 Airport and the renewal of the metro and buses of Rome during the period. 00:01:31.561 -- 00:01:36.848 We have also made progress in our best-in-class ESG initiatives 00:01:36.848 -- 00...