27.03.2017 Ströer SE & Co. KGaA  DE0007493991

DGAP-News: Ströer SE & Co. KGaA: Record earnings for 2016 and very good start to 2017: Ströer plans a further dividend increase of almost 60% to EUR 1.10 per share

DGAP-News: Ströer SE & Co. KGaA / Key word(s): Final Results/Dividend Ströer SE & Co. KGaA: Record earnings for 2016 and very good start to 2017: Ströer plans a further dividend increase of almost 60% to EUR 1.10 per share 27.03.2017 / 08:30 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- PRESS RELEASE Record earnings for 2016 and very good start to 2017: Ströer plans a further dividend increase of almost 60% to EUR 1.10 per share - Consolidated revenue increases substantially by 36% from EUR 824m to EUR 1.12b - Operational EBITDA climbs 37% from EUR 208m to EUR 285m - Adjusted profit for the period up 46% from EUR 107m to EUR 156m Cologne, 27 March 2017 Ströer is confirming the preliminary results announced in February for fiscal year 2016: Annual revenue grew by 36% from EUR 824m to EUR 1.12b with organic revenue growth at over 7%. Operational EBITDA increased by a very substantial 37%, up from EUR 208m to EUR 285m. Adjusted profit for the period rose sharply, up 46% from EUR 107m to EUR 156m. Free cash flow (before M&A transactions) was up 19% from EUR 116m to EUR 139m. In addition, Ströer's leverage ratio of 1.2 remained virtually stable at the prior-year level despite acquisitions and the dividend payout. "Ströer has performed exceptionally well and we are reporting strong increases in revenue and earnings. We also got off to a very good start to fiscal year 2017. We are continuing to focus on our organic growth opportunities in the strongest growing media segments online, mobile and out-of-home. In order to allow our shareholders to participate in our success, we will propose a dividend increase of almost 60% from EUR 0.70 to EUR 1.10 per share at this year's shareholder meeting," says Udo Müller, Co-CEO of Ströer. "We are confirming our current guidance of operational EBITDA of more than EUR 320m and consolidated revenue of around EUR 1.3b for 2017." The board of management and supervisory board will propose to the shareholder meeting on 14 June 2017 that the dividend distribution be increased to EUR 1.10 per qualifying share for fiscal year 2016. Additional information and an insight into our strategy will be provided at the Ströer Capital Markets Day in Berlin on 28 April 2017. Operating segments Ströer Digital The Ströer Digital segment reported strong growth across all product groups once again in the fiscal year and thus continued unabated on its upwards trajectory. Investments in other digital business models (e.g., subscription and e-commerce models), with the revenue contributions recorded under the new transactional product group, also contributed to strong revenue growth. Annual revenue in the Ströer Digital segment increased by more than 100% in 2016, up from EUR 243.5m to EUR 514.8m. Operational EBITDA also developed very well and shot up 84% from EUR 80.3m to EUR 147.8m. The EBITDA margin decreased slightly to 28.7%. As Ströer is continually adding to and expanding its business, the segment figures can only be compared with those of the prior year to a limited extent. The integration and targeted restructuring of the newly acquired companies was driven forward in the reporting period and we are frequently able to leverage synergies and economies of scale on both the revenue and cost side. Out-of-Home Germany Fiscal year 2016 was characterized by an ongoing high level of momentum for the OOH Germany segment. The segment recorded an 8% increase in revenue from EUR 464m to EUR 501.2m in the reporting period thanks to this pleasing course of business. Operational EBITDA was up 10.1% from EUR 124.5m to EUR 137.1m. Despite the ongoing and substantial investments made to expand the local sales network, the operational EBITDA margin was slightly above the prior-year level at 27.4% thanks, among other things, to persistently strict cost management. With a view to the product groups, positive growth was recorded in all areas of the segment. Revenue from large formats developed particularly well. This product group, which targets both regional and local customer groups, benefited above all from the continued robust demand for traditional large-format out-of-home products and generated significant growth. On the one hand, a series of targeted national sales measures provided positive impetus, which was coupled with the expansion of our regional sales organization on the other. Overall, revenue improved from EUR 208.6m to EUR 231.2m, up 10.8%. On a full-year basis, street furniture recorded a 2.8% increase in revenue from EUR 137.6m to EUR 141.5m. By contrast, the transport product group increased its revenue by 12.1% from EUR 54.5m to EUR 61.1m for the year as a whole, with the growth stemming largely from business with local customers. Increasing business with many small, local customers also lifted revenue in the other product group from EUR 63.3m to EUR 67.4m, up 6.6%. Out-of-Home International The OOH International segment includes the Turkish and Polish out-of-home activities and the western European giant poster business of the blowUP group. Segment revenue grew by 1.0% in organic terms in the reporting period, but was down 5% from EUR 142.8m to EUR 135.6m in euro terms. The main reasons were in particular the tense political situation and terrorist attacks in Turkey, which put considerable pressure on both the Turkish lira and the Turkish advertising market. Both effects had a downward effect on revenue presented in euro terms. Revenue in Poland was also slightly lower than in the prior year given the persistently challenging market environment. This development was only slightly compensated for by revenue growth in the giant poster business of the blowUP group. The segment generated operational EBITDA of EUR 21.2m and an operational EBITDA margin of 15.7%. THE GROUP'S FINANCIAL FIGURES AT A GLANCE1 In EUR m 2016 2015 2014 2013 2012 Revenue 1.123,3 823,7 721,1 622,0 560,6 Operational EBITDA 285,2 208,3 148,1 118,0 107,0 Adjustment (exceptional items) 26,8 15,2 9,9 5,2 6,5 Adjustment (IFRS 11) 4,4 4,5 3,9 4,0 0,0 EBITDA 254,0 188,6 134,3 108,8 100,4 Amortization, depreciation and 161,2 111,8 81,8 74,8 66,8 impairment losses thereof attributable to purchase 60,7 37,2 31,0 28,7 27,1 price allocations EBIT 92,8 76,8 52,5 34,0 33,7 Financial result 10,0 9,3 14,8 19,8 31,9 EBT 82,7 67,5 37,7 14,2 1,8 Taxes 10,8 8,6 14,4 9,7 3,6 Consolidated profit or loss for 71,9 58,8 23,3 4,5 -1,8 the period Adjusted consolidated profit or 156,3 106,9 56,3 36,3 24,0 loss for the period Free cash flow (before M&A 138,5 116,4 79,6 39,3 13,6 transactions) Net debt 330,3 231,2 275,0 326,1 302,1 Leverage ratio 1,2 1,1 1,9 2,8 2,8 1) See the chapter on value-based management for information on the calculations. 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 4,600 employees at over 70 locations. In fiscal year 2016, Ströer generated revenue of EUR 1.12bn. Ströer SE & Co. KGaA is listed in Deutsche Börse's MDAX. For more information on the company, please visit www.stroeer.com. Press contact Ströer Investor Relations contact Ströer Marc Sausen Dafne Sanac Ströer SE & Co. KGaA Ströer SE & Co. KGaA Director Corporate Communications Head of Investor & Credit Relations Ströer-Allee 1 50999 Cologne Ströer-Allee 1 50999 Cologne Phone: +49 2236 / 96 45-246 Phone: +49 2236 / 96 45-356 E-Mail: presse@stroeer.de E-Mail: dsanac@stroeer.de Disclaimer This press release contains "forward looking statements" regarding Ströer SE & Co. KGaA ("Ströer") or the Ströer Group, including opinions, estimates and projections regarding Ströer's or the Ströer Group's financial position, business strategy, plans and objectives of management and future operations. Such forward looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of Ströer or the Ströer Group to be materially different from future results, performance or achievements expressed or implied by such forward looking statements. These forward looking statements speak only as of the date of this press release and are based on numerous assumptions which may or may not prove to be correct. No representation or warranty, express or implied, is made by Ströer with respect to the fairness, completeness, correctness, reasonableness or accuracy of any information and opinions contained herein. The information in this press release is subject to change without notice, it may be incomplete or condensed, and it may not contain all material information concerning Ströer or the Ströer Group. Ströer undertakes no obligation to publicly update or revise any forward looking statements or other information stated herein, whether as a result of new information, future events or otherwise. 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: info@stroeer.de 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: dsanac@stroeer.de --------------------------------------------------------------------------- 27.03.2017 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. Archive at 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: info@stroeer.com 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, Tradegate Exchange End of News DGAP News Service --------------------------------------------------------------------------- 558295 27.03.2017

Die wichtigsten Finanzdaten auf einen Blick
  2015 2016 2017 2018 2019 2020e 2021e
Umsatzerlöse1 823,71 1.123,26 1.331,03 1.582,46 1.591,15 0,00 0,00
EBITDA1,2 188,60 251,58 462,10 514,40 536,11 0,00 0,00
EBITDA-Marge3 22,90 22,40 34,72 32,51 33,69 0,00 0,00
EBIT1,4 76,80 95,44 155,40 170,30 177,40 0,00 0,00
EBIT-Marge5 9,32 8,50 11,68 10,76 11,15 0,00 0,00
Jahresüberschuss1 59,53 71,95 98,47 -5,82 78,12 0,00 0,00
Netto-Marge6 7,23 6,41 7,40 -0,37 4,91 0,00 0,00
Cashflow1,7 190,32 236,34 252,38 426,03 478,43 0,00 0,00
Ergebnis je Aktie8 1,11 1,15 1,68 -0,27 1,22 1,85 2,70
Dividende8 0,70 1,10 1,30 2,00 2,00 2,00 2,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2019 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Ernst & Young

WKN Kurs in € Einschätzung Börsenwert in Mio. €
749399 73,800 Kaufen 4.180,52
KGV 2022e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
23,06 36,01 0,64 97,62
8,41 8,74 2,63 10,79
Dividende '19 in € Dividende '20e in € Div.-Rendite '20e
in %
2,00 2,00 2,71 04.11.2020
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
11.05.2021 17.08.2021 12.11.2020 30.03.2021
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
0,76% 12,28% -8,89% -0,67%
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