Ströer SE & Co. KGaA : 2020 looks set to be another solid year for growth and FCF
>Q4 organic growth solid in Q4 (+6.7%) - Ströer SE has published preliminary annual results that beat our forecasts (EBIT of € 177.4m vs € 171.4m forecast) but also with very solid cash generation (FCF of € 195.5m). Organic growth was 6.7% in Q4 (vs our forecast for 6.3%). Momentum continued, particularly in the long-standing out-of-home division which was the focal point of concerns in an uncertain macro-economic environment which is not conducive to increases in adv...Stroeer SE & Co KGaA. Stroeer SE & Co KGaA is a Germany-based digital multi-channel media company and provider of out-of-home (OOH) and online advertising. The Company operates through three segments: Content Media, Direct Media and OOH Media. The Content Media segment includes display and video advertising, as well as digital marketing services. The Direct Media segment comprises dialog marketing and transactional product groups. The services include direct sales and non-voice channels, such as social media and chat, among others. The OOH Media segment covers activities related to large-format advertising, street furniture and advertising on public transport, and includes the giant poster business BlowUP and the online platform for booking of regional out-of-home campaigns, stroeer-direkt.de, among others.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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