The Düsseldorf e-commerce group The Platform Group AG has set higher goals for the current financial year 2025. The strong increase in the previous forecasts “in view of the successful business development in the first quarter of 2025, the previous acquisitions in 2025, the strong organic growth and the increased number of partners will take place on Monday. The medium -term prospects were also corrected upwards.
For 2025, management now expects sales in the range of 680 to 700 million euros. Previously, the forecast was 590 to 610 million euros. The goal of the gross -like volume (GMV) was increased from 1.2 to 1.3 billion euros.
“Ambitious but feasible”: sales could increase by more than 30 percent in the current year
The company also raised the forecast for the result that was adjusted for special effects before interest, taxes and depreciation (EBITDA), which had previously been 40 to 42 million euros, to 47 to 50 million euros. This was justified with “the positive earnings development and the effect of the implemented cost and efficiency program”. At the same time, with an increase in the number of partners, it expects more than 20 percent to over 16,000 and the product number on the platforms belonging to the group of companies.
“The organic growth of our platforms and investments is more than calculated, the larger number of dealers brings us growth, which is a positive effect from the industry development,” explained CEO Dominik Benner in a statement. “Therefore, we have to significantly raise our forecast for the year 2025 and consider growth of over 30 percent to be ambitious, but feasible. We keep our cost structure very closely in view, so that we consider an adjusted EBITDA of up to 50 million euros to be accessible.”
The group of companies for 2024 reports strong growth in sales and results
Last year, according to the annual report, which was also published on Monday, the group had achieved sales of 524.6 million euros, which corresponded to an increase of 21.4 percent compared to 2023. The adjusted EBITDA grew by 52.0 percent to EUR 33.3 million, the exposed net profit rose by 23.7 percent to EUR 32.7 million. In the past few months, the group of companies had further enlarged its portfolio through some takeovers.
In view of the latest development, the group also raised its medium -term goals for the coming financial year 2026. In sales, 820 million euros are now targeted instead of 700 million euros, for the GMV 1.6 instead of 1.5 billion euros. The forecast for adjusted Ebitda margin remained unchanged and is therefore still seven to ten percent.