Stroeer rises on stronger-than-expected Q2 results

Stroeer SE & Co KGaA

13/08/2026 08:35

** Stroeer SAXG.DE shares rise around 3% after German advertising group's Q2 results beat expectations; co confirms FY guidance
** Stock among best performers on German small-cap index .SDAXI
** Stroeer posts Q2 EBITDA of €144.3 million ($166.23 million), down from €145.2 million a year earlier
** However, local trader says co's Q2 sales, earnings came in above analysts' consensus
** "Solid reporting on first sight should help shares," they add
** Co's Q2 revenue was €542 million vs €505 million last year
** Stock up more than 10% YTD, including Thursday's session
($1 = 0.8681 euros)

(Reporting by Ozan Ergenay)
((ozan.ergenay@thomsonreuters.com))