Q3 2021 - Business back at pre-pandemic Level
November 10, 2021 | Ströer SE & Co. KGaA
Agenda
1 2 3
Group Update | Financials Q3 | Outlook |
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9M 2021 Performance with very different Quarters
OoH and Group Performance back on track since Q3
Entire Q1 in hard lockdown; cost management and PLUS businesses with very strong momentum
Q2 with beginning V-shape recovery of OoH media parallel to more and more normal public life
Group performance
in Q3 back above pre-COVID level with some minor after-effects of the pandemic
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Results 9M 2021
More than five months hard lockdown followed by strong rebound in Q3
m€ | 9M 2020 | 9M 2021 | ▲ | |
Reported | 987.4 | 1,100.2 | +11% | |
Revenues | ||||
Organic(1) | -11.0% | 11.3% | +22.3%pts | |
EBITDA (adjusted) | 291.0 | 318.9 | +10% | |
EBIT (adjusted) | 84.1 | 125.3 | +49% | |
Net income (adjusted)(2) | 54.1 | 83.4 | +54% | |
Operating cash flow | 218.5 | 221.5 | +1% | |
Capex | 73.6 | 62.1 | -16% | |
(1)Excluding exchange rate effects and effects from (de)consolidation and discontinuation of operations | 4 |
(2)Adjusted for exceptional items and additional other reconciling factors in D&A (PPA related amortization and impairment losses), in financial result and in income taxes |
Globally unique OoH+ Strategy with One-Market-Focus
COVID-19 as a Stress-Test & a Bump in the Road for our long-term Targets
Robust advertising market vs. economic deviations in Germany
OoH market is consolidated, high market entry barriers
Market share of market leader is well above 50%
Proprietary tech stack
- strong programmatic and data capabilities
Scalable Salesforce to address the huge local SME market
Strong client access by embedding OoH with Digital & Dialogue
Proprietary long-term portfolio for further digitization of OoH
Unique DaaS & E- Commerce-Assets on strong growth track
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Stroeer SE & Co. KGaA published this content on 10 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 November 2021 06:04:01 UTC.