DGAP-News: Scout24 SE / Key word(s): Capital Markets Day
Scout24 presents growth plan at Capital Markets Day
"Since the Capital Markets Day 2019, we have made significant progress to build a digital ecosystem for real estate transactions. Today, ImmoScout24 is already much more than a mere classifieds platform. With an accelerated product roll-out, we are helping our customers to execute all transactions around real estate in a more efficient and digital way. This is the focus of our future growth," comments Tobias Hartmann, CEO of Scout24 SE.
During the Capital Markets Day, the Scout24 Management also provides an outlook on the financials for the following year. Group revenue is expected to increase between 11% and 12% in 2022. At the same time, the Group's ordinary operating EBITDA is expected to grow between 6% and 8%.
"We want to increase our revenue in the double-digit percentage range also beyond 2022. During that timeframe, earnings growth will accelerate again. Our growth formula thus creates added value for our customers and shareholders," adds Dirk Schmelzer, CFO of Scout24 SE.
Going forward, this customer focus will also be reflected in Scout24's financial segments. The newly created "Professional" segment will include all revenue with professional residential and commercial real estate partners (real estate agents, property managers, new home builders, real estate developers). The new "Private" segment will bundle all revenue with private customers such as tenants, buyers and landlords. The "Media & Other" segment will remain unchanged.
1 March 2022: Preliminary figures for the financial year 2021
Scout24 is one of the leading digital companies in Germany. With the digital marketplace ImmoScout24, for residential and commercial real estate, we successfully bring together homeowners, real estate agents, tenants, and buyers - and we have been doing so for more than 20 years. With more than 20 million users per month on the website or in the app, ImmoScout24 is the market leader for digital real estate listing and search. To digitise the process of real estate transactions, ImmoScout24 is continually developing new products and building up an ecosystem for renting, buying, and commercial real estate in Germany and Austria. Scout24 is a listed stock corporation (ISIN: DE000A12DM80, Ticker: G24) and member of the MDAX and the DAX50 ESG. Further information is available on Twitter and LinkedIn. Since 2012, ImmoScout24 has also been active in the Austrian real estate market.
The information contained in this release is subject to amendment, revision and updating. Certain statements, beliefs and opinions in this document are forward-looking, which reflect the Company's or, as appropriate, senior management's current expectations and projections about future events. By their nature, forward-looking statements involve a number of risks, uncertainties, assumptions and other factors that could cause actual results, including but not limited to the Company's financial position or profitability, to differ materially, also adversely, from those expressed or implied by the forward-looking statements. Statements contained in this document regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. The Company does not undertake any obligation to update or revise any information contained in this document (including forward-looking statements), whether as a result of new information, future events or otherwise. You should not place undue reliance on forward-looking statements, which speak only as of the date of this press release.
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