Scout24 : Preview Q2 2018: We are 4% below consensus on ordinary operating EBITDA
>Expecting 4% sales growth for ImmobilienScout24 - Scout24 will report its Q2 2018 results on 13 August 2018. For the ImmobilienScout24 (IS24) division we expect revenues of € 60.1m (+4% yoy), split as follows i/ 3% yoy revenue growth to € 27.1m with Residential estate partners (residential property revenue including professional pay-per ad revenue), ii/ 5% yoy revenue growth to € 12.3m with Business real estate partners (Commercial, Developer and New Home Builders) ...Scout24 AG, formerly Asa NewCo GmbH, is a Germany-based holding company engaged in the Internet services industry. Through its subsidiaries, the Company provides digital classified advertisement platforms in Germany and other European countries, notably Scout24.com, ImmobilienScout24.de and Autoscout24.com. The Company owns the automotive classifieds Websites AutoScout24.nl and European AutoTrader BV, and the real estate online portals my-next-home.de and immodirekt.at, as well as an online comparison portal for consumer loans FINANZCHECK.de.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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