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
Berlin, 25 September 2019 - 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 (...)
Annual General Meeting elects Frank H. Lutz, André Schwämmlein and Christoph Brand as new members of the Scout24 AG's Supervisory Board
Munich, 30 August 2019 - 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 (...)
Munich / Berlin, 13 August 2019 - Scout24 AG, a leading operator of digital marketplaces specialising in the real estate and automotive sectors in Germany and other selected European countries, is continuing its dynamic and very profitable growth path.
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
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. (...)
Joint reasoned statement of Management Board and Supervisory Board published
Consideration of EUR 46.00 per Scout24 share is adequate
Management Board and Supervisory Board consider in particular the bidder's intention to form a strategic partnership to be positive
After careful examination of the takeover offer, the Management Board and the Supervisory Board of Scout24 believe that the takeover offer is in the best interest of (...)
Strong revenue growth of 12.5% to EUR 531.7 million
Earnings growth outpaces revenue: Ordinary operating EBITDA up 15.3% to EUR 291.5 million
Growth boost anticipated in the 2019 financial year: revenue growth ranging between 15% and 17% planned
“With an impressive power of innovation, the teams of ImmobilienScout24 and AutoScout24 have digitised the classifieds business over the last 20 years. Not only does that confirm the (...)
Voluntary public takeover offer with a price of EUR 46 per Scout24 share in cash
Management Board and Supervisory Board welcome the offer
Investment agreement regarding strategic partnership signed
The Takeover Offer implies an equity value of Scout24 of approximately EUR 4.9 billion and an enterprise value of approximately EUR 5.7 billion. The offer price represents:
ca. 27.4% premium to the unaffected share price of EUR (...)
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 (...)
