The Platform Group AG / DE000A2QEFA1
28.04.2025 - 09:00:48The Platform Group AG significantly raises sales and earnings forecast for 2025 – Increase in medium-term planning
EQS-Ad-hoc: The Platform Group AG / Key word(s): Forecast/Change in Forecast 28-Apr-2025 / 09:00 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group. The issuer is solely responsible for the content of this announcement. Düsseldorf, 28 April 2025. The Board of Directors of the Platform Group AG has decided to significantly raise its forecast for the current financial year 2025. In view of the successful business development in Q1 2025, the acquisitions made so far in 2025, the strong organic growth, and the increased number of partners, the forecast is being raised in terms of gross merchandise volume (GMV), sales and operating result (EBITDA) as well as the number of partners. Gross merchandise volume (GMV) is expected to increase to EUR 1.3 billion (previous forecast: EUR 1.2 billion), while net sales are expected to rise to between EUR 680 million and EUR 700 million (previous forecast: EUR 590 million to EUR 610 million). Based on the positive earnings development and the effect of the implemented cost and efficiency program, the Board of Directors expects a significant increase in adjusted EBITDA to between EUR 47 million and EUR 50 million for the 2025 financial year (previous forecast: EUR 40 million to EUR 42 million). The number of partners is now expected to rise to over 16,000 (previous forecast: 15,000). The Group’s medium-term planning relating to the 2026 financial year will also be adjusted in light of the earnings contributions of the acquisitions to date and the Group’s organic growth. The Board of Directors of The Platform Group AG expects to achieve a gross merchandise volume (GMV) of EUR 1.6 billion (previous forecast: EUR 1.5 billion), sales of at least EUR 820 million (previous forecast: EUR 700 million), and an adjusted EBITDA margin of between 7% and 10% (unchanged) in the 2026 financial year. Contact: Investor Relations Reinhard Hetkamp, CFO and Head of IR ir@the-platform-group.com Schloss Elbroich | Am Falder 4 | 40589 Düsseldorf | Germany corporate.the-platform-group.com End of Inside Information 28-Apr-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com |
Language: | English |
Company: | The Platform Group AG |
Schloss Elbroich, Am Falder 4 | |
40589 Düsseldorf | |
Germany | |
E-mail: | ir@the-platform-group.com |
Internet: | https://the-platform-group.com/ |
ISIN: | DE000A2QEFA1 |
WKN: | A2QEFA |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Oslo |
EQS News ID: | 2124762 |
End of Announcement | EQS News Service |
|
2124762 28-Apr-2025 CET/CEST