CHAPTERS Group AG Releases 2024 Half-Year Interim Report

CHAPTERS Group AG has unveiled its interim report for the first half of 2024, highlighting significant growth. By June 30, the group incorporated 46 operating companies, achieving a revenue of EUR 58.4 million, marking a 34% increase compared to the same period in 2023. Adjusted EBITDA grew by 23% to EUR 13.7 million.

The group's expansion included the addition of five companies to the Vertical Market Software (VMS) segment, significantly contributing to the operating EBITDA. Moreover, CHAPTERS founded a new VMS platform and increased its stake in the existing platform Ookam to 100% while four VMS companies joined the group.

CEO Jan Mohr emphasized ongoing investments in the VMS domain and the establishment of the Altamount platform in governance, risk, and compliance software. Forecasts suggest stable to slightly positive revenue and EBITDA growth for 2024, with EBITDA shares attributable to CHAPTERS at approximately 78%.