Ströer SE & Co. KGaA
ISIN: DE0007493991
WKN: 749399
31 October 2024 07:13PM

EQS-News: Ströer’s strategic acquisition of RBL Media strengthens its out-of-home advertising business

Ströer SE & Co. KGaA · ISIN: DE0007493991 · EQS - Company News
Country: Germany · Primary market: Germany · EQS NID: 2020425

EQS-News: Ströer SE & Co. KGaA / Key word(s): Takeover/Miscellaneous
Ströer’s strategic acquisition of RBL Media strengthens its out-of-home advertising business

31.10.2024 / 19:13 CET/CEST
The issuer is solely responsible for the content of this announcement.


  • Significant expansion of core OOH business in Leipzig, Essen, Dortmund, and other cities, opening up considerable further potential for digitalization
  • Substantial contribution to earnings from the transaction expected in 2025

Cologne, October 31, 2024   The Ströer Group completed its acquisition of all the shares in Aachen-based RBL Media GmbH today and will include the company in its basis of consolidation from this point. RBL Media has an extensive and attractive portfolio of advertising concession contracts in the German cities of Leipzig, Essen, Dortmund, Aachen, Münster, and Erfurt. The contracts have an average remaining term of around ten years. Most of the advertising installations used to monetize these contracts are already in place.

“The acquisition of RBL Media allows us to unlock considerable potential by strengthening our out-of-home advertising network in major German cities. It also represents the next logical step in our strategy of continuous and targeted expansion of our high-reach digital OOH (DOOH) advertising portfolio. We can therefore further cement our position as the clear number one in the German OOH advertising market and extend the reach of our attractive DOOH advertising portfolio for our customers,” says Christian Schmalzl, Co-CEO of Ströer.

In view of the upcoming rapid operational integration of RBL Media, which will require the medium-term planning to be updated and adjusted, the Capital Markets Day (CMD) focusing on OOH and DOOH will be postponed. The event had been scheduled to take place on November 13 of this year. Nonetheless, we will still be presenting and communicating individual aspects of the CMD that relate to the portfolio and technology, along with further information about the RBL Media acquisition, during our Q3 2024 results call on November 13, 2024.



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:
Christoph Löhrke
Ströer SE & Co. KGaA
Head of Investor & Credit Relations
Ströer-Allee 1 | D-50999 Köln
Telephone: +49 (0)2236 / 96 45-356
E-Mail: CLoehrke@stroeer.de


31.10.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Ströer SE & Co. KGaA
Ströer Allee 1
50999 Cologne
Germany
Phone: +49 (0)2236.96 45 0
Fax: +49 (0)2236.96 45 299
E-mail: info@stroeer.de
Internet: www.stroeer.com
ISIN: DE0007493991
WKN: 749399
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 2020425

 
End of News EQS News Service

2020425  31.10.2024 CET/CEST

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Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.

The most important financial data at a glance
  2018 2019 2020 2021 2022 2023 2024e
Sales1 1.507,78 1.591,15 1.442,16 1.627,32 1.771,94 1.914,33 2.090,00
EBITDA1,2 511,14 503,97 430,22 507,35 542,21 554,24 645,00
EBITDA-Margin3 33,90 31,67 29,83 31,18 30,60 28,95 30,86
EBIT1,4 169,89 158,45 94,89 197,28 238,71 230,84 0,00
EBIT-Margin5 11,27 9,96 6,58 12,12 13,47 12,06 0,00
Net Profit (Loss)1 -6,81 78,12 48,21 130,25 151,82 112,42 0,00
Net-Margin6 -0,45 4,91 3,34 8,00 8,57 5,87 0,00
Cashflow1,7 426,03 446,29 380,28 426,46 410,89 401,13 0,00
Earnings per share8 -0,27 0,98 0,62 2,14 2,53 1,67 1,90
Dividend per share8 2,00 2,00 2,00 2,25 1,85 1,85 2,00
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

Auditor: KPMG

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INVESTOR-INFORMATION
©boersengefluester.de
Ströer
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
749399 DE0007493991 SE 2.589,13 Mio € 15.07.2010 9F28VX5X+PG
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
21,56 29,85 0,72 34,32 7,78 6,45 1,35
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
1,85 1,85 2,00 4,31%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
11.06.2024 08.05.2025 13.08.2025 13.11.2024 25.03.2024
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
-1,90%
46,36 €
ATH 82,50 €
-10,73% -19,52% -13,75% -11,61% +131,80%

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