Scout24 Reports Strong Q3 2025, Narrows Full-Year Guidance

Scout24 has showcased a solid third quarter in 2025, achieving a 15.0% revenue boost to EUR 165.6 million and a 15.3% increase over nine months. This growth is driven by demand in B2B and B2C subscriptions and strong customer numbers. Operating EBITDA rose by 16.5%, contributing to a 61.9% margin, indicating effective operational efficiencies and successful integration of new acquisitions. Adjusted EPS grew by 20.3%, with operating cash flow up 15.2% to EUR 225 million.

CEO Ralf Weitz highlighted the role of HeyImmo, an AI-assisted search tool, in enhancing user experiences, and strategic acquisitions like Fotocasa in broadening European reach. Despite a challenging market, Scout24 targets the upper range of its 2025 guidance, focusing on revenue growth and improving ordinary operating EBITDA margins.