The Platform Group SE & Co. KGaA Shows Strong Q1 Growth

Recent research by NuWays AG on The Platform Group SE & Co. KGaA highlights a significant increase in Q1 figures, presenting a positive outlook for the company. Group revenue surged by 51% year-on-year to €243 million, with organic growth responsible for 71% of this rise. This underscores the company's expanding partner network, which grew to 17,221, and a substantial increase in its customer base to 8.1 million active customers, boosting the average order value to €128.

The company also reported a 37.1% increase in adjusted EBITDA, reaching €21.8 million. Although the margin slightly decreased to 9%, this was attributed to trade discounts and IT expenses linked to a new AI-first strategy. Profitability remained stable, aided by reduced distribution costs due to a centralized logistics hub.

The Platform Group’s FY26 guidance remains on track with revenue projections at €1 billion and adjusted EBITDA expected between €70 million and €80 million. AEP's acquisition remains a focal point, with the deal expected to conclude soon.