Continued top-line growth combined with operational efficiency enhancements;
Capital allocation optimisation
Three new members for the Supervisory Board
Munich / Berlin, 19 July 2019 - Scout24 AG (“Scout24”, “the Group” or “the Company”), a leading operator of digital marketplaces specialising in the real estate and automotive sectors in Germany and other selected (...)
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. (...)
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 (...)
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.
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 (...)
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. (...)
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 (...)
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 (...)
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 (...)
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 (...)
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 (...)