Added to YB: 2026-08-20
Pitch date: 2026-08-18
SAX.DE [neutral]
Ströer SE & Co. KGaA
-4.41%
current return
Author Info
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Company Info
Ströer SE & Co. KGaA provides out-of-home (OOH) media and digital out-of-home advertising services in Germany and internationally.
Market Cap
EUR 2.2B
Pitch Price
EUR 39.90
Price Target
N/A
Dividend
4.63%
EV/EBITDA
6.92
P/E
18.15
EV/Sales
1.90
Sector
Media
Category
growth
Ströer (SAX Germany): Core outdoor advertising strength contrasts with persistent portfolio drag
SAX.DE (update): Q2 OOH organic rev +10.3%, DOOH +24.3%, cash EBITDA +18%. Group adj EBITDA €154m, leverage 2.60x, FY26 guide maintained. Drag from DaaS/E-comm: Statista -11.6%, AsamBeauty -6.1%, no recovery till H1'27. Strong OOH franchise + possible portfolio sale/transaction; nothing new disclosed.
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