Annick Maas
Analyst, Bernstein
Replay available
Sto SE & Co. KGaA (0G5B) Q3 2024 Earnings Call
Sto SE & Co. KGaA (LSE: 0G5B) Q3 2024 earnings conference call, held 2024-11-13. Replay captured from the company's public earnings webcast.
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Investor webinar replay
Watch the replay and follow the connected company analysis, news, and investor updates for Sto Se & Co. Kgaa Vorz-inhaber-akt Ohne Stimmrecht.
Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:05.339 Dear analysts, thank you for participating in our early call on the publication of our 00:00:05.339 -- 00:00:08.284 Q3 and 9-month figures. 00:00:08.284 -- 00:00:13.391 As you know, we had planned a virtual CMD with focus on out-of-home and digital out-of-home 00:00:13.391 -- 00:00:18.880 for today. Immediately following this call, in the light of last week's announcement 00:00:18.880 -- 00:00:24.368 of the acquisition of RBL Media, we have decided to postpone this and do it in combination 00:00:24.368 -- 00:00:28.904 with our preliminary results or final results for 2024. 00:00:28.904 -- 00:00:34.071 We've been quite busy in finalizing the deal for our core business in the last six weeks 00:00:34.071 -- 00:00:39.479 and currently focus on a swift integration to optimize our plan for 2025. 00:00:39.479 -- 00:00:44.807 It simply makes more sense to make our projections going forward, including RBL Media 00:00:44.807 -- 00:00:49.614 and i.e. the digitization of the underlying contracts. 00:00:49.614 -- 00:00:54.701 We are ultimately a small team, so our resources are limited, so there 00:00:54.701 -- 00:01:01.160 is no other option. agenda or meaning behind the postponed CMD, just to be clear. 00:01:01.160 -- 00:01:05.147 However, I would like to take up topics in the following that are not directly affected 00:01:05.147 -- 00:01:10.036 by the acquisition, such as technical features, bookability and targeting, in order to 00:01:10.036 -- 00:01:13.823 provide a deeper understanding of our growth drivers at the moment. 00:01:13.823 -- 00:01:19.023 Henning will then comment on the developments and effects of our Q3 figures in more detail. 00:01:19.023 -- 00:01:23.654 This will be followed by remarks on what we expect for the fourth quar...