Ströer SE & Co. KGaA

Earnings Release • Aug 8, 2019

THE GROUP'S FINANCIAL FIGURES AT A GLANCE

Continuing operations

REVENUE	EBITDA (ADJUSTED)1	EBITDA-MARGIN (ADJUSTED)
EUR 787.4m	EUR 256.0m (prior year: EUR 236.9m)	32.5% (prior year: 32.6%)
(prior year: EUR 725.9m)	ORGANIC REVENUE GROWTH	ADJUSTED CONSOLIDATED PROFIT
	7.3%	EUR 84.0m
	(prior year: 8.0%)	(prior year: EUR 78.5m)
	FREE CASH FLOW BEFORE M&A TRANSACTIONS	ROCE
	EUR 126.7m	18.7%
	(prior year: EUR 93.0m)	(prior year: 18.5%)

In EUR m	Q2 2019	Q2 2018	6M 2019	6M 2018
Revenue	413.4	396.7	787.4	725.9
EBITDA (adjusted)1	138.5	129.3	256.0	236.9
Adjustment effects	6.3	6.2	14.6	14.9
EBITDA	132.2	123.1	241.4	222.0
Amortization, depreciation and impairment losses	91.4	87.2	175.8	164.9
thereof attributable to purchase price allocations and impairment losses	19.5	21.3	34.6	36.7
EBIT	40.8	35.8	65.6	57.0
Financial result	7.2	8.1	14.9	15.8
EBT	33.6	27.7	50.7	41.3
Taxes	5.7	4.1	8.9	5.9
Consolidated profit for the period	27.9	23.7	41.8	35.4
Adjusted consolidated profit for the period	49.7	46.7	84.0	78.5
Free cash flow (before M&A transactions)			126.7	93.0
Net debt (30 June)			671.8	610.0

¹ "EBITDA (adjusted)" is in substance identical to the previous term "operational EBITDA."