Half Year 2024 Stroeer SE & Co KgaA Earnings Call Transcript

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Aug 08, 2024

Aug 08, 2024 / 07:00AM GMT
Christian Schmalzl - Stroeer SE & Co KgaA - Co-Chief Executive Officer, Member of the Management Board

Ladies and gentlemen, dear analysts, thank you for participating in today's call for the publication of our Q2 H1 figures. I'll begin the presentation with a brief overview of the key figures. Afterwards, I'd like to look at the strong momentum of our core out-of-home business and especially digital out-of-home, a key value driver of our company. Henning will then comment on the developments and effects of our Q2 figures in more detail.

This will be followed by remarks on what we expect for the third quarter and the remainder of the year. As always, we are looking forward to your questions after our presentation. With that, let us start the call with a short overview of H1 2024 and the Q2 market dynamics. We've already shown you this chart in a similar form in the previous quarters.

In principle, they all had in common that the German advertising market is gaining more momentum again in the last quarters and that Stroer has clearly outperformed the market, the competing advertising

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