EQS-News: Scout24 SE publishes integrated annual report 2024 and  proposes 10% dividend increase; guidance for 2025 reiterated

Scout24 SE publishes integrated annual report 2024 and  proposes 10% dividend increase; guidance for 2025 reiterated

• Preliminary 2024 full-year financials confirmed with 11.2% revenue growth and 14.5% ooEBITDA growth resulting in 61.5% margin

• Dividend proposal of EUR 1.32 per share, up 10%

• Significant ESG progress: 56% CO₂e reduction compared to 2018, 60% female hiring rate and around 41% women in leadership positions in 2024

• Management reiterates 2025 guidance: 12-14% revenue growth with continued ooEBITDA margin expansion of up to 50 basis points

Munich/Berlin, 27 March 2025

Scout24 today published its annual report for the 2024 financial year. The audited financials presented in the report confirm the preliminary results published on 27 February 2025 and underpin the fourth consecutive year of double-digit revenue growth for the Scout24 Group.

¹ EBITDA (unadjusted) is defined as earnings before the financial result, income taxes, depreciation, amortisation and any impairment losses or reversals of impairment losses.

² Ordinary operating EBITDA refers to EBITDA adjusted for non-operating effects, which mainly include expenses for share-based payments, M&A activities (realised and unrealised), reorganisation and other non-operating effects.

³ The ordinary operating EBITDA margin is defined as ordinary operating EBITDA as a percentage of revenue.

⁴ Adjusted (1) for non-operating effects, which are also used to determine ordinary operating EBITDA, (2) for depreciation, amortisation and impairment losses on assets acquired in business combinations, and (3) effects from business combinations included in the financial result, such as the measurement of purchase price liabilities.

The complete financials for the year 2024 and detailed explanations are available at www.scout24.com/en/reporting-2024 as well as in our publications section at www.scout24.com/en/investor-relations/financial-reports-presentations.

Dividend proposal of EUR 1.32 per share leads to increase of 10% compared to previous year

Based on the successful financial year 2024 and the expectation of continued profitable growth, the Management Board and Supervisory Board will propose to the Annual General Meeting a dividend of EUR 1.32 per share entitled to dividend, translating to 10% growth compared to last dividend paid. This corresponds to approximately 45% of adjusted net income and remains at the upper end of Scout24’s defined dividend policy. In total, the distribution amount will thus increase to 95.6 million EUR. The dividend will be paid out after this year’s Annual General Meeting. If the number of dividend-entitled shares for the past financial year 2024 changes as a result of the ongoing share buy-back programme until the Annual General Meeting 2025, a correspondingly adjusted resolution proposal will be submitted to the Annual General Meeting. This will provide for an unchanged dividend of EUR 1.32 per dividend-entitled share.

Scout24 continues to successfully execute its ambitious ESG strategy

Scout24 is committed to understanding and responsibly managing its environmental and societal impact. The latest sustainability statement is written in accordance with the requirements from the EU CSRD and showcases further progress in implementing Scout24’s ESG strategy. With a relatively low carbon footprint, Scout24’s digital business model aligns with its strategic goals. Based on a recalculation (including the subsidiary Sprengnetter), Scout24 has already reduced its CO₂e emissions by 56% compared to the 2018 baseline. Progress in 2024 came through fleet electrification and heating efficiency measures. Future focus will be on further fleet emission reductions and transitioning all offices to renewable electricity. Another milestone in 2024 was the increase of the hiring rate of women to almost 60%. This also contributes to the goal of gender parity. At the end of 2024, 46% of Scout24 employees were female and around 41% of leadership positions were held by women – representing figures well above national and international averages.

In addition to the integrated report, which consists of the annual report and the sustainability statement 2024, Scout24 SE also published its compensation report for the financial year 2024 at www.scout24.com/en/investor-relations/corporate-governance/compensation.

Management reiterates financial guidance of accelerating revenue growth with continued margin expansion for the 2025 financial year

With its marketplace ImmoScout24, Scout24 Group is strongly positioned in the German market to further strengthen its offering. Although the markets remain challenging, Scout24 Group is convinced that it can offer its customers strong added value in various market situations with its diversified product portfolio. The Management Board is therefore confident that revenue and profitability can also be increased in 2025 based on the further implementation of the strategy with a focus on interconnectivity. Specifically, the Management Board expects revenue growth of 12-14% including ca. 2 percentage points inorganic contribution. Furthermore, the Management Board expects an ordinary operating EBITDA margin expansion of up to 50 basis points in the 2025 financial year. Overall, the main focus will be on increasing the Group’s ordinary operating EBITDA and the associated margin.

Next dates

6 May 2025: Interim Report for the first quarter of 2025 & Analyst Conference Call

5 June 2025: Annual General Meeting

About Scout24

Scout24 is one of the leading digital companies in Germany. With the marketplace ImmoScout24, for residential and commercial real estate, we successfully bring together homeowners, real estate agents, tenants, and buyers – and we have been doing so for more than 25 years. With approx. 19 million users per month on the website or in the app, ImmoScout24 is the market leader for digital real estate listing and search. To digitise the process of real estate transactions, ImmoScout24 is continually developing new products and building up a networked, data-rich ecosystem for renting, buying, and commercial real estate in Germany and Austria. Scout24 is a European stock corporation (ISIN: DE000A12DM80, Ticker: G24) and member of the MDAX, the Dax 50 ESG and the DAX 50 ESG+. Further information is available on LinkedIn.

Contact for Investor Relations

Filip Lindvall

Vice President Group Strategy & Investor Relations

Tel: +49 30 243011917

Email: ir@scout24.com

Contact for media

Viktoria Götte

Senior Manager Corporate Communications

Tel: +49 89 262024943

Email: mediarelations@scout24.com

Disclaimer

This document contains carefully prepared information. However, the Company does not guarantee the accuracy, completeness or reliability of the information and assumes no liability for losses resulting from the use of this information. This document may contain forward-looking statements about the business, financial and earnings situation as well as profit forecasts of the Scout24 Group, which are only valid at the time of publication of this document. Terms such as ‘may’, ‘will’, ‘expect’, ‘anticipate’, ‘consider’, ‘intend’, ‘plan’, ‘believe’, ‘continue’ and ‘estimate’, variations of such terms or similar expressions characterize these forward-looking statements. Such forward-looking statements are based on the current assessments, expectations, assumptions and information of the Scout24 Management Board, many of which are beyond Scout24’s control. The statements are subject to a variety of known and unknown risks and uncertainties. Actual results and developments may therefore differ materially from these forward-looking statements. The Company assumes no obligation and does not intend to update, review or correct these forward-looking statements due to new information or future events or for other reasons, unless there is an express legal obligation to do so. Alternative performance measures are used that are not defined according to IFRS and should be considered supplementary. Special items used to calculate some alternative metrics may not derive from ordinary business activities. Due to rounding, numbers and percentages may not accurately reflect the absolute figures. In case of any divergence, the German version shall have precedence over the English translation.