Added to YB: 2025-11-17
Pitch date: 2025-11-12
SAX.DE [neutral]
Ströer SE & Co. KGaA
+4.64%
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 1.9B
Pitch Price
EUR 34.50
Price Target
N/A
Dividend
6.68%
EV/EBITDA
6.49
P/E
N/A
EV/Sales
1.81
Sector
Media
Category
turnaround
Ströer (SAX Germany): advertising headwinds linger, but digital tailwinds build
SAX.DE (quick overview): Q3 EBITDA €147M below expectations amid German ad headwinds. OOH flat YOY, DOOH down 0.6%. Mgmt guides 'low-mid single digit' Q4 OOH growth, digital outperforming classic. Cycle bottoming signs emerging. 2026 positioned as recovery year. Portfolio reshuffle/disposals pending to unlock value.
Read full article (2 min)