Financial Outlook

Financial outlook for 2026

ca. 18%
Revenue growth 2026
up to 61%
Ordinary operating EBITDA margin 2026

Management Board specifies revenue outlook and confirms margin target for 2026

Scout24 Group is convinced that it can offer its customers significant added value in various market situations with its diversified product portfolio and the ongoing integration of AI along the entire real estate value chain. The basis for this is the consistent execution of the product- and technology-driven strategy with a clear focus on interconnectivity and AI. In this context, the Management Board remains confident that it will again increase revenue in 2026 while maintaining high profitability.

Based on the strong business performance in the first nine months of 2026, the Management Board specifies its full-year outlook and now expects revenue growth of c. 18%, including an inorganic contribution of 7–8 percentage points from Spain¹ (previously: revenue growth of 16–18%, including 6–7 percentage points from Spain). The Management Board reaffirms its profitability target for the financial year 2026, with an ordinary operating EBITDA margin of up to 61% (organic² up to 64%).

Last updated: 4 November 2026

¹ Including the consolidated revenue contributions of Adevinta Real Estate S.L.U. and its subsidiaries in the 2026 financial year.
² Excluding the consolidated earnings contributions of Adevinta Real Estate S.L.U. and its subsidiaries in the 2026 financial year.

Financial outlook for 2027-2028

The “Agentic OS for Real Estate” strategy presented at the Capital Markets Day on 12 May 2026 forms the basis for continued sustainable growth and further scaling in the period 2027-2028.

at the high end of the high single-digit to low double-digit percentage range

Group revenue growth 2027-2028

~64%
Group ordinary operating EBITDA margin by 2028

Last update: 12 May 2026

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