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  "documentTitle": "Stroer SE & Co. KGaA (SAX)",
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  "authorName": "Carson C. Block",
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  "presentationDate": "2016-04-21 00:00:00",
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  "notes": "The slide uses a maturity model to frame media evolution, then pivots to a skeptical financial analysis of Ströer's business model.",
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      "text": "Maybe Ströer's digital foray makes as much sense as wanting to be sucked into your computer in order to get physical media implants.",
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      "text": "Well, it turns out that Ströer's claimed digital organic growth rates are way off from what we can calculate. We see Digital organic growth rates of only 2.2% in 2014, and 2.5%... to 16.4% in 2015.",
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      "text": "Perhaps there's a good reason why Ströer seems unique among OOH advertising companies in aggressively pursuing online business.",
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      "text": "Source: TrendOne",
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