Strong Economic Growth Reported by Compagnie des Alpes and JCDecaux
Compagnie des Alpes and JCDecaux report significant growth in revenue and subscribers, indicating a positive trend in the French economy.
Key Points
- • Compagnie des Alpes reported a 15.1% revenue increase, totaling 1.13 billion euros.
- • JCDecaux surpasses 100,000 long-term subscribers for its Vélo’v service in Lyon with 1.37 million trips in June.
- • Over 13 million French households face tax adjustments averaging 1,900 euros due to salary increases in 2024.
- • The Forum économique breton is set to gather 7,000 participants in September 2025.
Compagnie des Alpes has showcased significant financial growth in its recent report, highlighting a 15.1% revenue increase for the winter season, totaling 1.13 billion euros. The surge was largely attributed to a record 13.9 million skier days, especially buoyed by favorable weather conditions throughout April. This uptick in skier participation has notably revitalized the company’s performance amidst rising consumer demand for outdoor leisure activities.
In parallel, JCDecaux, the renowned outdoor advertising and bike-sharing company, has reported a milestone achievement with more than 100,000 long-term subscribers for its Vélo’v bike rental service in Lyon. This service saw over 1.37 million trips just in June, reflecting a growing trend in urban mobility solutions and sustainable transport options, marking it as a vital player in promoting eco-friendly initiatives in France.
The economic landscape is further influenced by a looming adjustment in income tax for over 13 million households in France. Homeowners are expected to face an average tax adjustment of 1,900 euros due to increases in salaries, which have risen by an average of 3% in 2024, outpacing an inflation rate of 1.8%. Additionally, the upcoming Forum économique breton, scheduled for September 2025, aims to gather about 7,000 participants, including major corporations, to discuss strategic economic initiatives amid ongoing geopolitical challenges.