Report
Jerôme Bodin

Ströer SE & Co. KGaA : 2021 CMD: investment plan in digital and ambitious EBITDA target, probable divestment of Asam and Statista

>Target to achieve EBITDA of around € 800m out to 2026 - Ströer held its analysts’ day yesterday. The group is targeting average revenue growth of 8.5% out to 2026 (vs 5-7% previously), notably based on an investment plan designed to digitalise its inventories and also synergies between its different assets. The plan should enable the group to achieve EBITDA of € 750-850m out to this date, excluding Asam and Statista. We have no forecast out to this date but the rate ...
Underlying
Stroeer SE & Co. KGaA

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Jerôme Bodin

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