Ströer Media SE: Ströer proposes to increase its dividend to 40 cents

Ströer Media SE  / Key word(s): Dividend

23.03.2015 09:22

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Today the board of management and supervisory board of Ströer Media SE decided to propose to the shareholder meeting on 30 June 2015 to increase the dividend to EUR 0.4 per share for fiscal year 2014.
The proposal entails the distribution of EUR 19.5m in dividends and reflects the positive business performance in 2014 with an adjusted profit for the period of EUR 56.3m and a substantial reduction in net debt to EUR 275.4m. This sustainable dividend policy enables shareholders to partake in the Company's profitable growth while maintaining sufficient headroom for value-adding growth projects.

Press contact: 
Marc Sausen
Ströer Media SE
Director Corporate Communications
Ströer-Allee 1 | D-50999 Cologne
Telephone: +49 (0)2236 - 96 45-246
Fax: +49 (0)2236 - 96 45-6246

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  

23.03.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language:     English
Company:      Ströer Media SE
              Ströer Allee 1
              50999 Köln
Phone:        +49 (0)2236.96 45 0
Fax:          +49 (0)2236.96 45 299
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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