In his speech, CEO Tobias Hartmann addressed the most important strategic, organizational and operational developments of the 2019 financial year. He illustrated the business model of the Scout24 Group, which focuses on the real estate segment, with examples and emphasized its excellent strategic positioning and high growth potential: “With ImmoScout24, we want to develop from a classifieds portal to a fully networked digital marketplace of the future. The (...)
"Our new brand identity is the most comprehensive redesign in the history of the company. I am even more pleased that we have been awarded one of the most prestigious German brand prizes for our courage. With the new design we convey our promise and our mission even more tangible: we make complex decisions concerning real estate easy for our customers and users," says Dr Thomas Schroeter, Chief Product Officer of Scout24.
Characteristic of the new design of the Scout24 (...)
Unusual times require strong alliances. In the face of the Coronavirus pandemic, leading associations and companies in the real estate industry have joined forces to drive the digital transformation of the real estate market. At the heart of the initiative is the need to ensure that the real estate industry functions properly. Members of the alliance include the Federal Association for the Real Estate Industry (BVFI), eBay Classifieds, Flowfact, the Federal Association (...)
Control of the carved-out unit of AutoScout24 is transferred to the buyer as of today, 1 April 2020. Scout24 AG confirms receipt of payment of the purchase price, adjusted by net working capital and net debt, in the amount of EUR 2.84bn.
With the closing of the transaction, Scout24 now initiates a large capital return programme as previously announced. This includes repayment (...)
The Group fully achieves its targets for the 2019 financial year
Group revenue increases by 15.4% to EUR 613.6 million
Group ordinary operating EBITDA margin stands at 52.5%
Future focus will be on high-margin business ImmoScout24
“We made the right strategic decisions in 2019. At the same time, we set a new record in our operating business. Following the successful sale of AutoScout24, FinanceScout24 and FINANZCHECK.de, our focus (...)
"We are delighted that we were able to win Carolyn Schlak and Christian Ronge for Scout24. Both are proven experts in their fields and will drive projects forward for the AG. Carolyn Schlak has more than 20 years of HR experience and has worked for international and fast-growing companies. Christian Ronge brings extensive experience in all corporate, capital markets and data protection issues,“ says Tobias Hartmann, CEO of Scout24 AG.
From 21 to 24 October 2019, experts from companies will pass on their know-how to non-profit organisations and social start-ups
The Berlin Social Academy was founded in 2013
Berlin State Secretary Sawsan Chebli is patroness of the initiative
The 7th round of the Berlin Social Academy will take place from 21 to 24 October 2019. Around 50 experts will pass on their knowledge to non-profit organisations and social start-ups in 40 workshops and (...)
Annual General Meeting elects Frank H. Lutz, André Schwämmlein and Christoph Brand as new members of the Scout24 AG's Supervisory Board
The Annual General Meeting of Scout24 AG ("Scout24", "the Company" or together with its subsidiaries "the Group") took place in Munich today. The attending shareholders represented more than 79%of Scout24 AG's share capital. Key resolutions included the further (...)
Group revenue grows by about 20% to more than EUR 300 million
Ordinary operating EBITDA margin reaches 51.2%
AutoScout24 delivers compelling high growth
Management Board confirms targets for full year 2019
In the first six months of 2019, the company posted double-digit growth rates for both revenue and earnings. Scout24 is thus fully on track to reach its targets for the full year and, in turn, achieve an increase in revenue of (...)
Munich/Berlin, June 4, 2019 – Dr. Dirk Schmelzer was appointed Chief Financial Officer (CFO) of Scout24 AG by the Supervisory Board with effect from June 18, 2019. The 52-year-old was CFO of the NuCom Group and played an instrumental role in the development of the Commerce Segment as one of the corporate pillars of the ProSiebenSat.1 Group. Prior to that, Schmelzer was CFO of the public listed company Tomorrow Focus AG, which later became HolidayCheck Group AG. Schmelzer (...)
Berlin/Munich, 29 May 2019 – Scout24, a leading operator of digital marketplaces with a focus on real estate and automobiles in Germany and other selected European countries, has received an award for the service quality of its online marketplaces. The German Institute for Service Quality and the TV station n-tv awarded the prize to ImmobilienScout24 and AutoScout24 for the second time in a row.
Dr. Thomas Schroeter, Chief Product Officer at Scout24, comments on the (...)
Munich / Berlin, 5 August 2019 – Over the recent months, Scout24 has engaged actively with our shareholders, including Elliott, ahead of, and following the announcement of our Strategic Roadmap on 19 July 2019, where we announced comprehensive steps aimed at strengthening our two core business areas, continuing revenue growth while simultaneously increasing operating efficiency and optimizing our capital structure.
We are looking forward to maintaining a constructive (...)
Excellent development of business in all three segments
Ordinary operating EBITDA margin stands at 47.7%
Reaffirm to reaching the corporate targets for the 2019 financial year
According to the unaudited interim consolidated financial statements, Group revenue increased by 20.6% from EUR 123.4 million to EUR 148.8 million in the first quarter of 2019. Adjusted for consolidation effects, th (...)
Minimum acceptance threshold of 50 percent plus one share not met
Forward-looking strategy, growth targets, and forecast for 2019 not affected by failed takeover bid
Tobias Hartmann, CEO of Scout24, says: “Although we had expressed support for the strategic partnership with Hellman & Friedman and Blackstone, we fully respect the decision of our shareholders and consider it a vote of confidence in Scout24’s future and management. We will (...)
The preliminary figures indicate that Group revenues increased by 12.5% year on year to EUR 531.7 million (2017: EUR 472.6 million). This figure reflects a contribution of EUR 12.3 million attributable to the FINANZCHECK.de acquisition (or 2.6 percentage points). (...)
The cooperation will help to significantly increase the number of users and listings, as well as to provide enhanced services to users and professional car dealers and improve the portal’s position in the market.
With more than 110.000 vehicles on offer and more than 2,800 affiliated dealers, AutoScout24 is currently number 3 in the Spanish market. In total, AutoScout24 is the largest pan-European online car marketwith more than 2 (...)
Dr. Thomas Schroeter becomes Chief Product Officer and Ralf Weitz assumes the position of Chief Commercial Officer at Scout24
Chairman of the Supervisory Board Dr. Hans-Holger Albrecht said: "The decision stands for continuity in the Group's strategy".
Berlin / Munich, 12 December 2018 – Scout24 AG, operator of the marketplaces ImmobilienScout24 and AutoScout24, is expanding its Management Board by two additional members. The Supervisory Board resolved to appoint Dr. (...)
Last week, the Supervisory Board of Scout24 AG appointed him a member of the Management Board with effect from 19 November 2018 and at the same time appointed him Chief Executive Officer of Scout24 AG. Gregory Ellis, previously CEO of the Scout24 Group, will remain a member of the Management Board until 31 December 2018 at the latest and will then leave the company. The change at the top of Scout24 AG was announced at the end of (...)
Scout24 wins in the category "medium-sized businesses" with a comprehensive transformation approach to data-driven work
Expert jury recognizes approach that encompasses change in technology, organization and corporate culture
Markus Schmidberger, Head of Data Technology at Scout24: "Data-controlled work is one of the central corporate values of Scout24. Thanks to our new data organisation, we are enabling more and more employees to (...)
Governing Mayor, IHK Berlin and Berlin Chamber of Skilled Crafts award Berlin companies for their social commitment
Chief Financial Officer Christian Gisy: "We are pleased about the recognition of our commitment to competence expansion. The award is an incentive for us to continue working for a strong civil society in the future".
"We are delighted about the recognition of our commitment to (...)
Group revenues up 13.6%, with mainly organic growth
Ordinary operating EBITDA-margin stands at 55.8%
Management reiterates the outlook for financial year 2018
According to the unaudited interim consolidated financial statements, Group revenues, excluding the effects of the FINANZCHECK.de acquisition, increased by 10.8% to EUR 131.3 million in the third quarter of 2018 (Q3 2017: EUR 118.5 million). Accounting for the acquisition of (...)
Tobias Hartmann, currently member of the Management Board of HelloFresh SE and responsible for business in the USA, will be the new Chairman of the Management Board of Scout24 AG. The 46-year-old will take office on 1 January 2019 or earlier. The current CEO of Scout24, Gregory Ellis, is leaving the company on 31 December 2018. As already announced, Ellis is leaving for personal reasons and at his own request.t
"Thanks to our collaboration with The Media Trust's risk management platform, we have a complete insight into the third-party code that runs through our platforms," says Vaughan Belhamine, Vice President Product, Scout24 Media. "The platform allows us to be at the forefront of the basic data protection regulation and to take a proactive role to ensure that we only work with providers who comply with the GDPR rules".
FINANZCHECK.de operates an online platform for consumer financing and offers users a fast and efficient comparison of consumer loans in real time. In addition, FINANZCHECK.de cooperates via its own technology platform for consumer financing with affiliate websites, point-of-sale financing partners and partner networks in Germany. With regard to market share and market positioning in the online comparison of consumer loans, FINANZCHECK.de is one (...)
Ordinary operating EBITDA-Margin up 1.6 pp to 55.3%
Well on track to achieve guidance for full year
According to the unaudited, yet reviewed by the auditor, consolidated financial statements, Group revenues for the first half-year 2018 increased by 9.7% to EUR 251.2 million. Group ordinary operating EBITDA improved at a disproportionately higher rate of 13.0% (...)
When it comes to investments such as buying a house or a car, trust is most important
Solid financing offers facilitate the decision
Women rely even more than men on the seriousness of providers and intermediaries
Germans' quest for security is particularly evident in long-term and major investment decisions. Also important are a good market overview of existing offers (80 percent) and an orientation guide to the price-performance (...)
Our clear-cut goal: Embedding sustainability in all business areas
4,800 hours invested in charitable projects
2018 set to bolster sustainability in product development
"Scout24 is among those German digital companies that devote significant efforts toward corporate social responsibility and those efforts are reflected in our day-to-day operations. To us, CSR means developing a responsible and sustainable relationship with our (...)
Jesko Schäfermann (41) has been appointed Vice President People, Organization & Culture with immediate effect, with overall responsibility for the HR Division of Scout24 AG. The corporate group includes the leading digital market places, ImmobilienScout24 and AutoScout24, with over 1,000 employees in nine European countries. In this newly created role, Jesko Schäfermann reports to Michael Bütter, Managing Director of ImmobilienScout24 (...)