Germany's Stroeer H1 revenue up on strength in digital out of home business, reaffirms FY forecast

Stroeer SE & Co KGaA

13/08/2026 06:23

Overview
Germany out-of-home advertising firm's H1 2026 group revenue grew organically by 2.7% yr/yr
Adjusted EBITDA for H1 2026 rose 3% yr/yr
OoH Media segment revenue grew 8%, Digital Out of Home up 18.5%

Outlook
Stroeer expects Q3 OoH Media revenue growth in the mid-single-digit percentage range  
Company expects Q3 Digital & Dialog Media revenue growth broadly in line with Q2 2026
Stroeer expects Q3 DaaS & E-Commerce revenue to decline in the low double-digit percentage range
Company confirms its outlook for full-year 2026

Result Drivers
DIGITAL OUT OF HOME - Digital Out of Home revenue rose 18.5%, cited as the key growth driver of core business
SERVICES BUSINESS - Services business within OoH Media segment saw revenue increase by 26.7%
DAAS & E-COMMERCE WEAKNESS - Revenue in DaaS & E-Commerce fell, reflecting subdued consumer demand in Germany

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
EUR 1.04 bln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"
Wall Street's median 12-month price target for Stroeer SE & Co KgaA is €47.50, about 19% above its August 12 closing price of €39.90
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 12 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)