on The Platform Group AG (isin : DE000A2QEFA1)
The Platform Group AG's Strategic Growth through M&A
The Platform Group AG continues its aggressive mergers and acquisitions strategy with recent additions, Chronext Group and FirstWire GmbH. This year alone, the company has completed 11 acquisitions, amounting to a total volume of €37 million.
Looking forward, the Group plans further M&A activities in 2025, targeting an investment range of €30 million to €40 million. To support these plans, they have increased their existing bond by €20 million. A B2C optician platform in Germany is their next target, with closure anticipated in Q1/25.
The Platform Group aims to be Europe's leading platform company, balancing organic and inorganic growth. The current valuation model upholds a price target of €16 per share, reaffirming a BUY rating according to First Berlin Equity Research.
R. E.
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