Earnings release
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PRESS RELEASE STRÖER Remaining robust during the crisis : Ströer presents its Q1 2021 results Consolidated revenue falls by 15 % to EUR 312m due to the coronavirus pandemic ( Q1 2020 : EUR 368m ) Organic revenue decreases by 14.9 % EBITDA ( adjusted ) contracts by 37 % from EUR 117m to EUR 73m - Cologne , May 11 , 2021 Ströer SE & Co. KGaA is presenting its results for the first quarter of 2021. Against the backdrop of the coronavirus pandemic and the ongoing three - month lockdown that dominated the reporting period , it is apparent that the diversification of our business in the context of the OOH + strategy - combining the core OOH business with the related Digital & Dialog Media and DaaS & E - Commerce business segments – has provided us with greater stability during the crisis . Alongside the robust performance of content - based areas of business such as T - Online and the dialog marketing activities , Statista the world's leading business data platform - and Asam Beauty proved particularly strong in this challenging environment . These two companies , which are grouped in the DaaS & E - Commerce segment , generated organic growth of more than 30 % in the first quarter of 2021 . Overall , the Group's consolidated revenue saw a relatively moderate fall of 15 % in the first three months of 2021 , from EUR 368m to EUR 312m . Organic revenue contracted at a similar rate of 14.9 % . At EUR 73m , EBITDA ( adjusted ) for the first quarter of 2021 was down by around 37 % compared with the first quarter of 2020 ( Q1 2020 : EUR 117m ) , which had not yet been affected by the COVID -19 pandemic . " The developments in the past quarters demonstrate that our diversified business model has brought us stability during the coronavirus crisis . Our OOH + strategy and our focus on Germany are enabling us to limit the adverse impact of the coronavirus pandemic on our core out - of - home business and , at the same time , to unlock long - term opportunities and potential in our digital business lines , 1