DGAP-News

Ströer Media SE posts record-high earnings in fiscal year 2014

DGAP-News: Ströer Media SE / Key word(s): Final Results/Quarter
Results
Ströer Media SE posts record-high earnings in fiscal year 2014

25.03.2015 / 07:00

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- Revenue for the year climbs to EUR 721.1m

- Operational EBITDA rises to EUR 148.1m in 2014, up 25% on the prior
year

- Adjusted profit for the period soars to EUR 56.3m

- Board of management and supervisory board propose a dividend
distribution of 40 cents per share

- Outlook: Further increase of Operational EBITDA in 2015 up to 20%
expected


Ströer Media SE continues its profitable growth, with its fiscal year 2014
record figures in company history. Thanks to its strategic realignment,
Ströer is now successfully established in the market as an integrated and
increasingly digital media company and is one of the leading nationwide
marketers in the media segment. The expansion of our business to include
the new Digital segment made a significant contribution to this
development. Due to its broad portfolio, Ströer is capable of providing its
customers with individual communication solutions across the entire value
chain.

Revenue grew in fiscal year 2014 by around 16% to EUR 721.1m with organic
revenue growth at 11%. Revenue amounted to EUR 211.8m in the fourth quarter
of 2014, up by 10%. Organic revenue growth also came to 10%. The Digital
segment was strongly influenced by the digital transformation and was a
significant driver of growth, while the proactive management of the German
out-of-home business and the expansion of the regional business also had a
positive effect. Operational EBITDA climbed to EUR 148.1m (up 25%) as a
result of the considerably improved revenue situation. The operational
EBITDA margin was 20.2%, 1.6 percentage points above the prior-year figure.
The EBITDA margin rose by 2.2 percentage points in the fourth quarter to
28%.

Adjusted profit rose to EUR 56.3m in the reporting period (up 55%) and to
EUR 29.1m in the fourth quarter (up 25%). Ströer's profit underscores the
profitable growth course which the Company embarked upon two years ago.

The healthy performance of the operating business also had a positive
effect on the financial position. Within the space of a year, Ströer
reduced its leverage ratio (net debt to operational EBITDA) considerably
from 2.8 to 1.9 at the end of the fiscal year, the lowest ratio since the