Scout24 unveils its growth strategy and updated financial framework for 2024-2026

Scout24 presented its new growth strategy and revised financial framework for the period 2024-2026 during its Capital Markets Day. Despite a difficult market environment, the company exceeded the targets set at Capital Markets Day 2021. Thanks to investments of around 300 million euros in products and technology in recent years, Scout24 has established itself as the most comprehensive digital platform for real estate agents, researchers and owners.

The company's new strategy is based on merging data and classified ads to facilitate effective matchmaking, transforming Scout24 into a key player beyond just a classifieds marketplace. This approach is expected to enable Scout24 to continue to experience sustainable revenue growth and strong operational capacity for the period 2024-2026.

Financial guidance for 2024 includes revenue growth of 9-11% and ordinary EBITDA margin expansion to approximately 61%. For the three-year period from 2024 to 2026, management forecasts annual revenue growth at a low double-digit rate and a regular EBITDA margin reaching 63% by 2026. Past investments in technology and portfolio of products firmly position Scout24 for this new phase of growth.