Scout24 (G24) AGM 2025 summary

Opening remarks and agenda

• The meeting was opened by the Chairman, emphasizing the importance of in-person dialogue and confirming proper convening and agenda communication.

• Shareholders were informed about voting procedures, registration, and the availability of meeting documents.

Financial performance review

• Sales increased by 11.2% to EUR 566.3 million in 2024, marking the fourth consecutive year of double-digit growth.

• EBITDA margin improved by 1.8 percentage points to 61.5%, with adjusted earnings per share rising 15% to EUR 2.90.

• Operating cash flow rose by 27.9% to EUR 257 million, and the share price increased by 33% in 2024.

• Both professional and private customer segments contributed to growth, with significant increases in customer numbers and ARPU.

• The first quarter of 2025 showed continued strong growth, with group sales up 15.8% and EBITDA up 17.9%.

Board and executive committee updates

• Ralf Weitz was appointed CEO effective March 1, 2025, following a comprehensive succession process.

• Dr. Gesa Crockford joined as Chief Commercial Officer in April 2024.

• Andrea Auerheim joined the Supervisory Board, enhancing expertise in HR and M&A.

• Sahla Fattah resigned from the Supervisory Board; Lutz Finger was proposed as her successor, bringing AI and tech expertise.