The Platform Group AG is still on an expansion course: Last week, the luxury label July Closet was welcomed in its own ranks, now the group board has decided to significantly increase its forecast for the current financial year. The reason for this is the previous acquisitions, the successful first quarter of 2025 as well as organic growth and the increased number of partners.
According to this, the gross -like volume (GMV) should increase to EUR 1.3 billion instead of EUR 1.2 billion. At the same time, net turnover of 680 to 700 million euros is expected (previous forecast: 590 to 610 million euros). Due to the positive development of results and the effect of the implemented cost and efficiency program, the board expects an increase in the adjusted EBTIDA to EUR 47 to 50 million instead of 40 to 42 million euros. In addition, over 16,000 partners are now expected, as previously assumed, 15,000. Accordingly, the number of products offered should increase by more than 20%. Meanwhile, the degree of debt, which defines itself as a ratio between the adjusted EBITDA to the net finance debts, remains at 1.5 and 2.3.
In the course of increasing the forecast, the Platform Group also adjusts the planning for the 2026 financial year. The board expects a GMV of EUR 1.6 billion (instead of EUR 1.5 billion), sales of at least 820 million euros (instead of EUR 700 million) and an adjusted EBITDA margin of between 7% and 10% (unchanged).
“The organic growth of our platforms and investments is stronger than expected, and the larger number of retailers gives us growth that is positive regardless of the industry trends,” said CEO Dr. Dominik Benner. “We therefore have to significantly raise our forecast for 2025 overall and consider growth of over 30 % to be ambitious, but feasible. We keep our cost structure very closely in mind, so that we consider an adjusted EBITDA of up to EUR 50 million to be feasible.”
Marcus VittCEO of The Platform Group AG, adds: “We see a very good development of our participations and are currently able to create further anti -cyclical acquisitions in our industries. In connection with the companies that will now join our group in May 2025, we see a good basis in the increased prognosis to close the overall year with a very good performance. And we do not affect any tariff. the current faults in this area are hardly affected. “