Commerzbank and ODDO BHF
Corporate Conference 2022,
Frankfurt
September 8th, 2022 | Ströer SE & Co. KGaA
Agenda
1 2 3
Group Update | Financials | Outlook |
2
Results 6M 2022
m€ | 6M 2021 | 6M 2022 | ▲ | |
Revenues | Reported growth | 685.9 | 810.0 | +18% |
Organic growth(1) | +9.2% | +18.4% | +9.2%pts | |
EBITDA (adjusted) | 180.2 | 220.3 | +22% | |
EBIT (adjusted) | 47.7 | 87.6 | +84% | |
Net income (adjusted)(2) | 27.1 | 58.0 | >+100% | |
Operating Cash Flow | 120.2 | 149.9 | +25% | |
Capex | 37.6 | 66.3 | +76% | |
Note: New organic growth calculation with 12 months delayed recognition of acquisitions (applied from fiscal year 2022) | |
(1)Excluding exchange rate effects and effects from (de)consolidation and discontinuation of operations | 3 |
(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 |
Diversified OoH Business across Sales Channels and Industries
Heterogeneous client structure makes OoH business highly resilient*
local
national
60%
- 58,000 clients
40%
- 1,000 clients
10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
Personal Care | Beverages | Telecommunications | |||
Finance | Food | Automotive | |||
Public Corporations | Health & Pharmacy | Transport & Logistics | |||
Gambling / Bets | Tourism | Art, Culture & Entertainment | |||
Gastronomy | Online Portals | Logistics / Parcels | |||
Construction Industry | Groceries (Classic) | Discounter | |||
Commerce Misc | Energy | House & Garden Equipment | |||
Leisure & Sports | Textiles & Clothing | Fairs / Exhibitions | |||
Other Stores | Computer & Office | Body Care | |||
Consumer Electronics | Forestry & Hunting | Cleaning | |||
Capital Goods | Industrial Consumables | ||||
Key Takeaways from H1
- Local business completely unimpressed from uncertainty and inflation
- Unchanged momentum for DOoH (i.e. driven by flexibility & digital integration)
- July & August orderbook: mid to high single digit growth against very strong PY summer
- "Normal" orderbook status for September to December fueled by diversified customer base
Source: Ströer Data, * Averg. OOH Germany 2019 - 2021 | 4 |
Accelerated Digitization of Out-of-Home Infrastructure
Impressive combined D-OoHNet Reach
City | Combined net | GRPs |
reach in % | ||
Berlin | 60.9 | 444 |
Hamburg | 82.7 | 946 |
Munich | 65.6 | 795 |
Cologne | 77.9 | 832 |
Frankfurt | 60.5 | 487 |
Stuttgart | 77.6 | 1,050 |
Düsseldorf | 70.2 | 547 |
Essen | 64.6 | 512 |
National broadcast offer:
Public Video RON (Station, Mall, Infoscreen, Roadside, City, City Tower), 1 week, 10 sec. spot, Ø ad pressure
65%
D-OoH net reach in top 10 cities
Source: performance data from data fusion of PV Leistungsstudie Ströer 2022 and coverage for PV Roadside/PV City/PV City Tower from ma 2021/ OoH Update; Adults14+ | 5 |
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Stroeer SE & Co. KGaA published this content on 08 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 September 2022 08:29:01 UTC.