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Updated Thursday, March 11, 2010 11:24 am TWN, AFP

JC Decaux's net profit plunges 77.3 percent

PARIS -- France's JC Decaux, the biggest outdoor advertising group in Europe and Asia, on Wednesday said net profit fell 77.3 percent in 2009 to 24.5 million euros due to the global financial crisis. The group said it would not pay a dividend to shareholders for the 2009 financial year after it survived “the worst advertising downturn on record.”
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