JCDecaux losses double as council cancels lease

PRE-TAX losses at French company JCDecaux that has a host of deals with local authorities over the operation of “superloos” doubled in 2010 to €130,595.

According to accounts recently filed with the Companies Office, pre-tax losses increased at JCDecaux Ireland Ltd after revenues fell by 8.2% from €14.6 million to €13.4m in the 12 months to the end of December 2010.

Part of JCDecaux Ireland Ltd’s business is the leasing of “superloos” to local authorities.