04/28/2015
Ströer Media SE: Ströer Media SE announces preliminary results for the first quarter of 2015 and increases its guidance for fiscal year 2015
Ströer Media SE / Key word(s): Change in Forecast/Quarter Results
28.04.2015 18:12
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.
Ströer Media SE publishes preliminary results for the first quarter of 2015 and increases its guidance for fiscal year 2015
Ströer Media SE got off to a very good start in fiscal year 2015. Revenue increased by around 11% year on year from EUR 146 m to EUR 162 m, which equates to organic revenue growth of around 8%. Operational EBITDA increased by just under 60% to EUR 26 m. Consolidated net profit also showed a year-on-year improvement in the first quarter.
In light of the business development in the first quarter and in recent months as well as the improved outlook for the rest of the year, Ströer Media SE increases its guidance for fiscal year 2015 and now expects organic revenue growth in the mid to upper single-digit percentage range as well as operational EBITDA of at least EUR 180 m.
Contact:
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
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
28.04.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: Ströer Media 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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Ströer Media SE: Ströer Media SE announces preliminary results for the first quarter of 2015 and increases its guidance for fiscal year 2015
Ströer Media SE / Key word(s): Change in Forecast/Quarter Results
28.04.2015 18:12
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.
Ströer Media SE publishes preliminary results for the first quarter of 2015 and increases its guidance for fiscal year 2015
Ströer Media SE got off to a very good start in fiscal year 2015. Revenue increased by around 11% year on year from EUR 146 m to EUR 162 m, which equates to organic revenue growth of around 8%. Operational EBITDA increased by just under 60% to EUR 26 m. Consolidated net profit also showed a year-on-year improvement in the first quarter.
In light of the business development in the first quarter and in recent months as well as the improved outlook for the rest of the year, Ströer Media SE increases its guidance for fiscal year 2015 and now expects organic revenue growth in the mid to upper single-digit percentage range as well as operational EBITDA of at least EUR 180 m.
Contact:
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
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
28.04.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: Ströer Media 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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