28.04.2016
Ströer SE & Co. KGaA DE0007493991
DGAP-News: 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
Ströer kick-starts into fiscal year 2016 and is presenting a very strong
first quarter (news with additional features)
28.04.2016 / 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]
+++++
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
---------------------------------------------------------------------------
28.04.2016 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.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------------
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
End of News DGAP News Service
---------------------------------------------------------------------------
458521 28.04.2016
|
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu
Ströer SE & Co. KGaA ISIN: DE0007493991 können Sie bei EQS abrufen
Medien (Dienstleistungen) , 749399 , SAX , XETR:SAX