Scout24 : Continued growth and margin expansion expected in 2025e and 2026e
>Short- and mid-term outlook continues to be favourable for Scout24 - Following the release of Scout24’s Q3 results, we have updated our model and revised our estimates for the full years 2024e, 2025e, and 2026e. We believe that Scout24 is uniquely positioned in the German market to facilitate transactions for all parties involved in real estate. The platform's strong network effects provide it with a competitive advantage that is unlikely to be replicated by others. ...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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