Report
Jerôme Bodin

Ströer SE & Co. KGaA : Q3 in line with our forecasts and good momentum maintained on Q4

>Q3 in line with our forecasts, Neutral recommendation reiterated - Ströer yesterday morning reported Q3 2021 results in line with expectations, followed by a conference call. In the outdoor advertising business, the group continues to build on the good momentum seen in Q2 (+46.4% organic) with organic growth of 24.5% in Q3. Management indicated that it anticipates a good Q4 notably thanks to a good month of October and solid order intake for the outdoor advertising f...
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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