Ströer SE & Co. KGaA - Earnings Release 2016

News Details

Corporate | 28 April 2016 08:42

Ströer kick-starts into fiscal year 2016 and is presenting a very strong first quarter (news with additional features)

DGAP-News: Ströer SE & Co. KGaA / Key word(s): Statement/Statement

2016-04-28 / 08:42

The issuer is solely responsible for the content of this announcement.

PRESS RELEASE

Ströer kick-starts into fiscal year 2016 and is presenting a very strong first quarter

– Q1 consolidated revenue climbs by more than 40% to EUR 226.2m

– Organic growth at 11.5%

– Operational EBITDA up almost 72% to EUR 45.3m

– Positive Q1 earnings for the first time of EUR 5.1m

Cologne, 28 April 2016 Ströer is continuing on its positive growth course and is presenting its preliminary figures for the first quarter of 2016. Consolidated revenue in the first quarter rose by around 40% year on year from EUR 161.8m to EUR 226.2m, with organic revenue growth of 11.5%. All segments, without exception, contributed to this significant development.

Operational EBITDA shot up almost 72% from EUR 26.3m to EUR 45.3m quarter on quarter. The development of the operational EBITDA margin was also pleasing, up from 15.9% in the prior-year quarter to 19.7% in the first quarter of the current fiscal year. Earnings before interest and taxes also rose significantly, up EUR 9.2m to EUR 7.6m. Quarterly earnings also rose sharply, increasing by EUR 8.1m to EUR 5.1m. The leverage ratio stood at 1.4 at the end of the first quarter.

“We are extremely pleased with our start to the current fiscal year – our best start to the year since going public. All segments are contributing to this strong performance with their good organic growth,” says Udo Müller, CEO Ströer SE. “The strong start to the year also continued seamlessly into the second quarter. In light of this, we are raising our guidance: For fiscal year 2016 as a whole, we anticipate operational EBITDA of more than EUR 280m.”

All figures for the first quarter of 2016 are preliminary and unaudited. The final results will be published when the quarterly figures are presented on 12 May 2016. Ströer will present more information on its operating business during the Capital Markets Day on Friday, 29 April 2016.

About Ströer

Ströer SE & Co. KGaA is a leading digital multi-channel media company and offers advertising customers individualized and fully integrated premium communications solutions. In the field of digital media, Ströer is setting forward-looking standards for innovation and quality in Europe and is opening up new opportunities for targeted customer contact for its advertisers.

The Ströer Group commercializes and operates several thousand websites in German-speaking countries in particular and operates approximately 300,000 advertising media in the out-of-home segment. It has approximately 3,300 employees at over 70 locations. In fiscal year 2015, Ströer SE generated revenue of EUR 824m. Ströer SE & Co. KGaA is listed in Deutsche Börse’s MDAX.

For more information on the Company, please visit www.stroeer.com .

Press contact

Marc Sausen

Ströer SE & Co. KGaA

Director Corporate Communications

Ströer-Allee 1 50999 Cologne

Phone: 02236 / 96 45-246

Fax: 02236 / 96 45-6246

Email: [email protected]

Investor relations

Dafne Sanac

Ströer SE & Co. KGaA

Head of Investor Relations

Ströer Allee 1 50999 Cologne

Phone: 02236 / 96 45-356

Email: [email protected]

Contact:

Press contact:

Marc Sausen

Ströer SE & Co. KGaA

Director Corporate Communications

Ströer-Allee 1 | D-50999 Cologne

Telephone: +49 (0)2236 – 96 45-246

Fax: +49 (0)2236 – 96 45-6246

E-Mail: [email protected]

IR Contact:

Dafne Sanac

Ströer SE & Co. KGaA

Head of Investor Relations

Ströer-Allee 1 | D-50999 Cologne

Phone: +49 (0)2236 / 96 45-356

Fax: +49 (0)2236 / 96 45-6356

E-Mail: [email protected]

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Additional features:

Document: http://n.eqs.com/c/fncls.ssp?u=RNQYAMDEGF

Document title: Ströer kick-starts into fiscal year 2016 and is presenting a very strong first quarter

2016-04-28 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

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Language:	English
Company:	Ströer SE & Co. KGaA
	Ströer Allee 1
	50999 Köln
	Germany
Phone:	+49 (0)2236.96 45 0
Fax:	+49 (0)2236.96 45 299
E-mail:	[email protected]
Internet:	www.stroeer.de
ISIN:	DE0007493991
WKN:	749399
Indices:	MDAX
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart