Ströer SE publishes preliminary results for the third quarter of 2015 and increases its guidance for the full fiscal years 2015 and 2016

Nov 09, 2015 4:25 PM

Ströer SE  / Key word(s): Quarter Results/Change in Forecast

09.11.2015 16:25

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Ströer SE publishes preliminary results for the third quarter of 2015 and
increases its guidance for the full fiscal years 2015 and 2016

In the third quarter, revenue grew by approximately 9% year on year, rising
from EUR 174.6m to EUR 189.8m. Operational EBITDA rose by just above 44% to
EUR 43.4m. Adjusted net profit improved by some 94% on the prior year to
EUR 19.2m.

In light of the Company's performance over the last few months, the better
than expected development of the Digital segment and the improved outlook
for the rest of the year, Ströer SE is raising its guidance for the full
fiscal year 2015 from operational EBITDA of at least EUR 180m to
operational EBITDA of up to EUR 200m and organic revenue growth in the high
single-digit percent range.

For fiscal year 2016, the Ströer Group now anticipates revenue of between
EUR 1.1b and EUR 1.2b and operational EBITDA of between EUR 270m and EUR
280m (with approximately 50% stemming from the Digital segment).


Contact:
Press contact: 
Marc Sausen
Ströer SE
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: 
Dafne Sanac
Ströer Media SE
Manager Investor Relations 
Ströer-Allee 1 | D-50999 Cologne 
Phone: +49 (0)2236 / 96 45-356  
Fax: +49 (0)2236 / 96 45-6356  
E-Mail: dsanac@stroeer.de


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Language:     English
Company:      Ströer SE
              Ströer Allee 1
              50999 Köln
              Germany
Phone:        +49 (0)2236.96 45 0
Fax:          +49 (0)2236.96 45 299
E-mail:       info@stroeer.com
Internet:     www.stroeer.de
ISIN:         DE0007493991
WKN:          749399
Indices:      SDAX
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated
              Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
              Stuttgart
 
End of Announcement                             DGAP News-Service
 
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