Ströer SE & Co. KGaA is continuing on the sustainable and profitable growth course of the past fiscal years. Revenue in the first three quarters of 2019 was up 7%, from EUR 1,113m to EUR 1,187m. Organic revenue growth stood at 7.3%. (Adjusted) EBITDA also increased by 7% in the first nine months, up from EUR 364m to EUR 389m. Adjusted profit for the first nine months also developed positively, rising some 6% from EUR 119m to EUR 126m.

The Ströer Content Group is expanding its management team with Chief Executive Officer (CEO) Marc Schmitz and Chief Content Officer (CCO) Arne Henkes and appoints Sven Scheffler as Chief Operating Officer (COO) as of November 1. In digital publishing, the company publishes premium content via all digital channels and, with offerings such as t-online.de and special-interest portals, offers one of the widest networks in Germany. In the newly created management position, the 48-year-old Scheffler is responsible for the introduction and implementation of new digital products for the entire Ströer Content Group.

Ströer is pushing ahead with the digitalisation of its advertising spaces in public spaces and is now equipping Wetzlar with digital city information systems. From September 2019, five new digital advertising spaces will be available to the city and local and regional advertisers for the first time: The approximately 9 square meter screens are located at four central traffic junctions (Gloelknoten, Friedrich-Ebert-Platz towards and out of town, Frankfurter Straße, corner Hasenpfad) in the city. The facilities are the first of their kind in Hesse.