The Platform Group AG Announces Successful Capital Markets Day and Raises Mid-Term Guidance

Düsseldorf, 11 June 2024. The Platform Group AG (ISIN DE000A200QEFA1, "TPG"), a leading software company for platform solutions, held its Capital Markets Day in Frankfurt/Main. The event saw participation from over 60 investors, bank representatives, and shareholders. Discussions focused on TPG's M&A strategy, software development, and integration projects.

The Board of Directors of TPG foresees positive developments in mid-term planning, driven by strong 2024 business performance, effective cost-efficiency programs, and several acquisitions since January 2024. Consequently, they have increased their mid-term guidance.

By 2025, TPG aims to achieve a gross merchandise volume of EUR 1.1 billion, improve sales to at least EUR 550 million, and maintain an adjusted EBITDA margin between 7% and 10%. The targeted leverage ratio remains between 1.5 and 2.3.

CEO Dr. Dominik Benner stated, “Our four segments are developing positively. Q1 exceeded internal expectations, and our pipeline is encouraging. Given the market conditions, we aim to act anti-cyclically and raise our 2025 forecast.”

TPG operates in 21 sectors with platform solutions for B2B and B2C customers, including furniture, machinery, dental technology, car platforms, and luxury fashion. The company, headquartered in Düsseldorf, has made over 23 investments and acquisitions since 2020, achieving pro-forma sales of EUR 441 million and an adjusted EBITDA of EUR 22.6 million in 2023.