Germany's Stroeer Q1 revenue beats estimates on digital out-of-home advertising strength

Stroeer SE & Co KGaA

12/05/2026 06:42

Overview

Germany out-of-home advertiser's Q1 group revenue rose 1.1% organically, beating analyst expectations

Adjusted EBITDA for Q1 increased, beating analyst estimates

Company's adjusted free cash flow improved significantly from prior year

Outlook

Company did not provide specific guidance for the current quarter or full year in its press release

Result Drivers

DIGITAL OUT-OF-HOME ADVERTISING - Co said digital out-of-home advertising was the main growth driver, with segment revenue up 12% year-on-year

DIALOG MEDIA CONTRIBUTION - Dialog Media drove organic revenue growth of over 8%, supported by the Amevida acquisition

DAAS & E-COMMERCE WEAKNESS - Revenue in DaaS & E-Commerce fell due to the sale of the consulting business, negative currency effects, and the transition to a new e-commerce platform

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
EUR 496 mln
EUR 486.09 mln (3 Analysts)
Q1 Adjusted EBITDA
Beat
EUR 119 mln
EUR 113.84 mln (3 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the advertising & marketing peer group is "buy"

Wall Street's median 12-month price target for Stroeer SE & Co KgaA is €47.50, about 22.5% above its May 11 closing price of €38.76

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 10 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)