preliminary results for 2014 / Record results: Ströer Media SE grows its consolidated revenue to EUR 721m and operational EBITDA to EUR 148m
Feb 24, 2015 8:02 AM
Ströer Media SE / Key word(s): Preliminary Results
The healthy performance of the operating business also had a positive effect on the financial position. Within the space of a year, Ströer reduced its leverage ratio considerably from 2.8 to 1.9 at the end of the fiscal year, the lowest ratio since the Company went public.
"We are extremely satisfied with the course we have taken. Our excellent results underscore this. We have succeeded in driving forward our digital transformation while achieving very positive results. The new fiscal year has got off to a very promising start for Ströer and we remain confident going forward," said Udo Müller, CEO of Ströer.
All figures for fiscal year 2014 are preliminary and unaudited. The final results will be published when the annual report is presented on 25 March 2015.
The Ströer Group commercializes several thousand websites and more than 280,000 out-of-home advertising faces. With consolidated revenue of EUR 634m for the full year 2013, Ströer Media SE is one of largest providers of out-of-home media in Europe in terms of revenue.
The Ströer Group has approximately 2,300 employees at over 70 locations.
For more information on the Company, please visit www.stroeer.com.
Investor relations Contact:
Ströer Media SE
Manager Investor Relations
Ströer Allee 1 | D-50999 Cologne, Germany
Phone: +49 (0)2236 / 96 45-356
Fax: +49 (0)2236 / 96 45-6356
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|Company:||Ströer Media SE|
|Ströer Allee 1|
|Phone:||+49 (0)2236.96 45 0|
|Fax:||+49 (0)2236.96 45 299|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart|
|End of News||DGAP News-Service|