Stroeer SE & Co KGaA (LTS:0MYZ)
€ 46 -0.45 (-0.97%) Market Cap: 2.58 Bil Enterprise Value: 3.33 Bil PE Ratio: 22.37 PB Ratio: 6.31 GF Score: 80/100
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Q3 2024 Stroeer SE & Co KgaA Earnings Call Transcript

Nov 13, 2024 / 07:00AM GMT
Release Date Price: €48.72 (+0.14%)
Christian Schmalzl
Stroeer SE & Co KgaA - Co-Chief Executive Officer, Member of the Management Board

Dear, ladies and gentlemen, dear analysts, thank you for participating in our early call on the publication of our Q3 and nine-months figures.

As you know, we had planned a virtual CMD with focus on out-of-home and digital out-of-home for today, immediately following this call. In the light of last week's announcement of the acquisition of RBL Media, we have decided to postpone this and do it in combination with our preliminary results or final results for 2024.

We've been quite busy in finalizing the deal for our core business in the last six weeks and currently focus on a swift integration to optimize our plan for 2025. It simply makes more sense to make our projections going forward, including RBL Media, and i.e., the digitization of the underlying contracts. We are ultimately a small team, so our resources are limited, so there is no other agenda or meaning behind the postponed CMD, just to be clear.

However, I would like to take up topics in the following that are not

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