Stroer SE & Co: Bad Deals, Weak Balance Sheet – Short Pitch

Rupert Hargreaves

Published onMay 12, 2019

Updated on May 12, 2019

In 2010, Stroer SE & Co. KGaA was a "boring outdoor advertising business in Germany" according to James Armstrong, the senior analyst at independent research outfit, The Analyst. In the following years, the company has transformed itself from this stuffy "boring" business into a leader in the ad-tech and e-commerce space through a series of acquisitions.

Q1 hedge fund letters, conference, scoops etc

Breach Inlet Capital Aimia — mohamed_hassan / Pixabay

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These deals, as well as organic sales growth, have enabled the...

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Rupert Hargreaves

Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha

Stroer SE & Co: Bad Deals, Weak Balance Sheet – Short Pitch

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