Scout24 Kicks Off 2024 with Robust Double-Digit Revenue Growth and Sustained Operating Leverage

• Scout24 SE reported an 11.7% increase in group revenues in Q1 2024, driven by growth in professional memberships (+10%) and private subscriptions (+20%).
• The company achieved record customer numbers in both segments, with over 22,000 professional customers and over 400,000 private subscribers.
• Scout24 SE also reported a 16.5% growth in ordinary operating EBITDA, resulting in a 2.4 percentage point margin expansion year-on-year.
• The company's adjusted EPS grew by 18.3% to EUR 0.67.
• Scout24 SE confirmed its FY 2024 guidance.
• The company's growth was driven by strong performance in the Professional segment and an increase in Plus subscriptions in the Private segment.

The next important date, Publication of quarterly financial report (as of Q1), at Scout24 is on 02.05.2024.

The price of Scout24 at the time of the news was 69,60EUR and was up +0,98 % compared with the previous day.
25 minutes after the article was published, the price was 69,55EUR this corresponds to a minus of -0,07 % since publication.
At this time, the index MDAX was at 26.224,99PKT (-0,47 %).

Scout24

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+153,75 %

ISIN:DE000A12DM80WKN:A12DM8

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