The Platform Group AG · ISIN: DE000A2QEFA1 · EQS - Company News

Nine-month period 2024 with significant growth and increase in profitability, forecast confirmed

The Platform Group AG: Nine-month period 2024 with significant growth and increase in profitability, forecast confirmed   GMV grows by 30% to EUR 608.4 million (9M 2023 pro-forma: EUR 469.3 million) Net sales increase by 31% to EUR 371.2 million (9M 2023 pro-forma: EUR 284.5 million) EBITDA (adjusted) increases up 70% to EUR 24.6 million (9M 2023 pro-forma: EUR 14.5 million) EBITDA (reported) grows by 47% to EUR 39.8 million (9M 2023 pro-forma: EUR 27.1 million) Consolidated net profit incr...

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Directors Dealings (18)
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Short Selling (UK) (0)
22 November 2024 08:00AM
Nine-month period 2024 with significant growth and increase in profitability, forecast confirmed
DE000A2QEFA1
The Platform Group AG: Nine-month period 2024 with significant growth and increase in profitability, forecast confirmed   GMV grows by 30% to EUR 608.4 million (9M 2023 pro-forma: EUR 469.3 million) Net sales increase by 31% to EUR 371.2 million (9M 2023 pro-forma: EUR 284.5 million) EBITDA (adjusted) increases up 70% to EUR 24.6 million (9M 202...
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05 November 2024 05:06PM
First Berlin initiates Research Coverage with BUY recommendation and price target of EUR 16.00
DE000A2QEFA1
The Platform Group AG: First Berlin initiates Research Coverage with BUY recommendation and price target of EUR 16.00 Düsseldorf, 5 November 2024. First Berlin has initiated research coverage of The Platform Group AG (ISIN DE000A2QEFA1, “TPG”), a leading software company for platform solutions, with a BUY recommendation and a price target of EUR 1...
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10 October 2024 12:45PM
Portzamparc BNP PARIBAS GROUP initiates Research Coverage with STRONG BUY recommendation and price target of EUR 13.60
DE000A2QEFA1
The Platform Group AG: Portzamparc BNP PARIBAS GROUP initiates Research Coverage with STRONG BUY recommendation and price target of EUR 13.60 Düsseldorf, 10 October 2024. Portzamparc BNP PARIBAS GROUP has initiated research coverage of The Platform Group AG (ISIN DE000A2QEFA1, “TPG”), a leading software company for platform solutions, with STRONG B...
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01 October 2024 12:35PM
Expansion of the platform strategy at ViveLaCar, completion of the Cluno migration
DE000A2QEFA1
The Platform Group AG: Expansion of the platform strategy at ViveLaCar, completion of the Cluno migration Düsseldorf, 1 October 2024. The Platform Group AG (ISIN DE000A2QEFA1, „TPG“), a leading software company for platform solutions, realized the expansion of its platform strategy at its consolidated subsidiary ViveLaCar in the third quarter. For ...
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27 September 2024 12:07PM
The Platform Group once again raises its sales and earnings forecast for 2024 – Increase in medium-term planning
DE000A2QEFA1
The Platform Group once again raises its sales and earnings forecast for 2024 – Increase in medium-term planning   Increase in GMV forecast: EUR 880 million to EUR 900 million (previously: EUR 840 million to EUR 870 million) Increase in sales forecast: EUR 500 million to EUR 520 million (previously: EUR 480 million to EUR 500 million) Increase i...
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27 September 2024 12:00PM
The Platform Group raises sales and earnings forecast for 2024 – Increase in medium-term planning
DE000A2QEFA1
The Platform Group raises sales and earnings forecast for 2024 – Increase in medium-term planning Düsseldorf, 27 September 2024. The Board of Directors of the Platform Group AG (ISIN DE000A200QEFA1, „TPG“) has decided to raise its forecast for the current financial year. In view of the successful business development in the first half of 2024, the...
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24 September 2024 03:50PM
Acquisition of the 0815 Group in Austria
DE000A2QEFA1
The Platform Group AG: Acquisition of the 0815 Group in Austria Düsseldorf, 24 September 2024. The Platform Group AG (ISIN DE000A2QEFA1, “TPG”), a leading software company for platform solutions, has undertaken the majority acquisition of the 0815 Group, based in Vienna, Austria, as of September. The closing is expected in October 2024. The parties...
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11 September 2024 10:00AM
Expansion of the forestry and gardening technology business
DE000A2QEFA1
The Platform Group AG: Expansion of the forestry and gardening technology business Düsseldorf, 11 September 2024. The Platform Group AG (ISIN DE000A2QEFA1, “TPG”), a leading software company for platform solutions, has increased the stake in the company Simon-Profi-Technik GmbH, Kaiserslautern, and in the Motorprofi.com platform to 100%. A contract...
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23 August 2024 07:30AM
First half-year with significant growth and increase in profitability
DE000A2QEFA1
The Platform Group AG: First half-year with significant growth and increase in profitability   GMV grows by 20% to EUR 442.5 million (H1 2023 pro-forma: EUR 367.3 million) Net sales increase by 23% to EUR 231.5 million (H1 2023 pro-forma: EUR 187.5 million) EBITDA adjusted from continuing operations up 33% to EUR 17.6 million (H1 2023 pro-forma:...
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29 July 2024 12:50PM
Acquisition of the luxury platform Winkelstraat, The Netherlands
DE000A2QEFA1
The Platform Group AG: Acquisition of the luxury platform Winkelstraat, The Netherlands Düsseldorf, 29 July 2024. The Platform Group AG (ISIN DE000A2QEFA1, “TPG”), a leading software company for platform solutions, has acquired a majority stake in the leading Dutch luxury platform Winkelstraat. Winkelstraat has over 350 connected luxury retailers a...
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26 July 2024 09:45AM
ODDO BHF initiates Research Coverage with OUTPERFORM recommendation and price target of EUR 12.50
DE000A2QEFA1
The Platform Group AG: ODDO BHF initiates Research Coverage with OUTPERFORM recommendation and price target of EUR 12.50 Düsseldorf, 26 July 2024. ODDO BHF has initiated Research Coverage of The Platform Group AG (ISIN DE000A2QEFA1, “TPG”), a leading software company for platform solutions, with OUTPERFORM recommendation and a price target of EUR 1...
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11 July 2024 02:00PM
The Platform Group AG acquires bicycle parts platform
DE000A2QEFA1
The Platform Group AG acquires bicycle parts platform Düsseldorf, 11 July 2024. The Platform Group AG (ISIN DE000A2QEFA1, “TPG”), a leading software company for platform solutions, has acquired a majority stake in Jungherz GmbH. Jungherz operates the Radzentrum Nagold (a stationary bicycle center), the Fahrradteile-Shop (an online shop for bicycle ...
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01 July 2024 03:15PM
2024/2028 bond with a volume of EUR 30 million successfully placed
DE000A2QEFA1
NOT FOR DISTRIBUTION, PUBLICATION OR TRANSMISSION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, JAPAN OR ANY OTHER COUNTRY IN WHICH THE DISTRIBUTION OR PUBLICATION MAY BE UNLAWFUL. FURTHER RESTRICTIONS APPLY. PLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS ANNOUNCEMENT.The Platform Group AG: 2024/2028 bond...
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01 July 2024 11:56AM
Interest rate for the 2024/2028 bond set at 8.875%
DE000A2QEFA1
NOT FOR DISTRIBUTION, PUBLICATION OR TRANSMISSION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, JAPAN OR ANY OTHER COUNTRY IN WHICH THE DISTRIBUTION OR PUBLICATION MAY BE UNLAWFUL. FURTHER RESTRICTIONS APPLY. PLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS ANNOUNCEMENT.The Platform Group AG: Interest rate ...
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28 June 2024 07:33AM
The Platform Group AG reaches the target volume of the corporate bond - early termination of the subscription period following strong demand
DE000A2QEFA1
NOT FOR DISTRIBUTION, PUBLICATION OR TRANSMISSION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, JAPAN OR ANY OTHER COUNTRY IN WHICH THE DISTRIBUTION OR PUBLICATION MAY BE UNLAWFUL. FURTHER RESTRICTIONS APPLY. PLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS ANNOUNCEMENT.   The Platform Group AG reaches the...
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28 June 2024 07:30AM
Early end of subscription period for corporate bond 2024/2028 due to strong demand
DE000A2QEFA1
NOT FOR DISTRIBUTION, PUBLICATION OR TRANSMISSION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, JAPAN OR ANY OTHER COUNTRY IN WHICH THE DISTRIBUTION OR PUBLICATION MAY BE UNLAWFUL. FURTHER RESTRICTIONS APPLY. PLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS ANNOUNCEMENT. The Platform Group AG: Early end of...
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27 June 2024 04:10PM
Successful Annual General Meeting
DE000A2QEFA1
The Platform Group AG: Successful Annual General Meeting Düsseldorf, 27 June 2024. The Platform Group AG (ISIN DE000A2QEFA1, “TPG”), a leading software company for platform solutions, today successfully held its Annual General Meeting 2024. More than 40 shareholders gathered at the Company's headquarters at Elbroich Castle in Düsseldorf. The Annual...
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25 June 2024 02:30PM
Acquisition of the Aplanta platform
DE000A2QEFA1
The Platform Group AG: Acquisition of the Aplanta platform Düsseldorf, 25 June 2024. The Platform Group AG (ISIN DE000A2QEFA1, “TPG”), a leading software company for platform solutions, has acquired the majority in the plant platform Aplanta.Johannes Osterwind, CEO of Aplanta: “For the further scaling and international growth of Aplanta, TPG is our...
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24 June 2024 05:45PM
The Platform Group AG plans corporate bond with a target volume of EUR 25 million
DE000A2QEFA1
NOT FOR DISTRIBUTION, PUBLICATION OR TRANSMISSION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, JAPAN OR ANY OTHER COUNTRY IN WHICH THE DISTRIBUTION OR PUBLICATION MAY BE UNLAWFUL. FURTHER RESTRICTIONS APPLY. PLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS ANNOUNCEMENT.   The Platform Group AG plans corpo...
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18 June 2024 07:30AM
The Platform Group AG contemplates issuing a corporate bond
DE000A2QEFA1
The Platform Group AG contemplates issuing a corporate bond Düsseldorf, 18 June 2024. The Platform Group AG contemplates issuing a new corporate bond under Norwegian law (Nordic Bond) with a target volume of EUR 25 million. The issue is to take the form of a private placement and a public offering in Germany and Luxembourg, which is targeted for J...
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11 June 2024 11:30AM
The Platform Group AG with successful Capital Markets Day and increase in mid-term guidance
DE000A2QEFA1
The Platform Group AG with successful Capital Markets Day and increase in mid-term guidance Düsseldorf, 11 June 2024. The Platform Group AG (ISIN DE000A200QEFA1, „TPG“), a leading software company for platform solutions, today held its Capital Markets Day with over 60 investors, bank representatives and shareholders in Frankfurt/Main. The Capital M...
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11 June 2024 09:00AM
Majority portfolio company GINDUMAC, European leader in B2B machinery trading, acquires B2B platform for wood machinery
DE000A2QEFA1
The Platform Group AG: Majority portfolio company GINDUMAC, European leader in B2B machinery trading, acquires B2B platform for wood machinery Düsseldorf, 11 June 2024. The Platform Group AG (ISIN DE000A2QEFA1, “TPG”), a leading software company for platform solutions, has acquired Wehrmann GmbH & Co. KG via its majority portfolio company GIND...
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06 June 2024 01:04PM
The Platform Group AG extends voting rights in Mister Spex SE to 15%
DE000A2QEFA1
The Platform Group AG extends voting rights in Mister Spex SE to 15% Düsseldorf, 6 June 2024. The Platform Group AG (ISIN DE000A200QEFA1, „TPG“), a leading software company for platform solutions, announced on 20 March 2024 that it had acquired a 7.6% stake in Mister Spex SE. The Annual General Meeting of Mister Spex SE is scheduled for 7 June 202...
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29 May 2024 07:30AM
The Platform Group with strong sales and earnings growth – increase in annual forecast for 2024
DE000A2QEFA1
The Platform Group with strong sales and earnings growth – increase in annual forecast for 2024   GMV grows by 18.3% to EUR 190.6 million (Q1 2023 pro-forma: EUR 161.0 million) Net sales increase by 28.2% to EUR 107.9 million (Q1 2023 pro-forma: EUR 84.2 million) EBITDA adjusted from continuing operations up 24.5% to EUR 8.5 million (Q1 2023 pro...
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28 May 2024 01:30PM
Acquisition of the OEGE GROUP
DE000A2QEFA1
The Platform Group AG: Acquisition of the OEGE GROUP   Acquisition of majority stake in OEGE GROUP, Lünen Expansion of the B2B segment in eCommerce Focus on international B2B customers in eCommerce Düsseldorf, 28 May 2024. The Platform Group AG (ISIN DE000A200QEFA1, “TPG”), a leading software company for platform solutions, will become the major...
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05 April 2024 11:30AM
GMV, sales and earnings above forecast, positive outlook for 2024 confirmed, medium-term planning for 2025
DE000A2QEFA1
The Platform Group AG: GMV, sales and earnings above forecast, positive outlook for 2024 confirmed, medium-term planning for 2025 Forecast for the 2023 financial year achieved or exceeded Pro-forma GMV increased to 705 million euros (forecast: 700 million euros), growth of 19% compared to the previous year (2022: 591 million euros) Pro-forma net...
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05 April 2024 11:27AM
The Platform Group AG publishes preliminary figures for 2023
DE000A2QEFA1
The Platform Group AG publishes preliminary figures for 2023 Düsseldorf, 05 April 2024. The Platform Group AG (ISIN DE000A200QEFA1, „TPG“), has achieved or exceeded its forecasts for the 2023 financial year. The pro-forma gross merchandise volume (GMV, continuing operations) increased to 705 million euros (2022: 591 million euros, forecast: 700 mil...
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20 March 2024 02:45PM
The Platform Group closes acquisition of stake in Mister Spex SE
DE000A2QEFA1
The Platform Group closes acquisition of stake in Mister Spex SE Düsseldorf, 20 March 2024. The Platform Group AG (ISIN DE000A200QEFA1, „TPG“), a leading software company for platform solutions, informed Mister Spex SE today that it now directly holds approximately 7.6% of the shares in the company. The acquisition of 2,656,000 shares in Mister Spe...
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07 March 2024 04:30PM
The Platform Group AG increases majority stake in ApoNow
DE000A2QEFA1
The Platform Group AG increases majority stake in ApoNow Düsseldorf, 7 March 2024. The Platform Group AG (ISIN DE000A200QEFA1, “TPG”), a leading software company for platform solutions, has increased its majority stake in ApoNow GmbH (“ApoNow”) from 50.1% to 80.0%.ApoNow, based in Wetter (Ruhr), is a platform for pharmaceutical manufacturers and ph...
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27 February 2024 04:00PM
The Platform Group AG completes integration of fashionette
DE000A2QEFA1
The Platform Group AG completes integration of fashionette Düsseldorf, 27 February 2024. The Platform Group AG (ISIN DE000A200QEFA1, “TPG”), a leading software company for platform solutions, announced the transfer of the former fashionette business unit to a dedicated subsidiary. As of March 2024, the fashionette activities will be transferred to ...
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16 February 2024 03:30PM
The Platform Group AG acquires Hood.de platform
DE000A2QEFA1
The Platform Group AG acquires Hood.de platform Düsseldorf, 16 February 2024. The Platform Group AG (ISIN DE000A200QEFA1, “TPG”), a leading software company for platform solutions, is pushing ahead its acquisition strategy with the complete takeover of Hood Media GmbH ("Hood"). Founded in 1999, the Cologne-based company Hood with its platform Hood...
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30 January 2024 12:30PM
The Platform Group AG announces outlook for 2024 - record year expected
DE000A2QEFA1
The Platform Group AG announces outlook for 2024 - record year expected Düsseldorf, 30 January 2024. The Platform Group AG (ISIN DE000A200QEFA1, “TPG”), a leading software company for platform solutions, announces its forecast for the financial year 2024. In light of the successful business performance in 2023 and the positive development in the G...
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15 January 2024 05:25PM
The Platform Group acquires majority stake in Avocadostore
DE000A2QEFA1
The Platform Group acquires majority stake in Avocadostore Düsseldorf, 15 January 2024. The Platform Group AG (ISIN DE000A200QEFA1, "TPG"), a leading software company for platform solutions, today signed an agreement via The Platform Group GmbH & Co. KG, for the acquisition of a majority stake in Avocadostore. Founded in Hamburg in 2010, Avocad...
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22 December 2023 05:46PM
The Platform Group AG fully acquires car platform Vivelacar
DE000A2QEFA1
The Platform Group AG fully acquires car platform Vivelacar Düsseldorf, December 22, 2023, The Platform Group AG (ISIN DE000A200QEFA1, "TPG"), a leading software company for platform solutions, announces the complete acquisition of Vivelacar GmbH ("Vivelacar"), a leading vehicle subscription platform. At the beginning of 2023, The Platform Group ...
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22 December 2023 05:44PM
The Platform Group acquires c. 7.6% of Mister Spex SE
DE000A2QEFA1
The Platform Group acquires c. 7.6% of Mister Spex SE Düsseldorf, 22 December 2023, The Platform Group AG (ISIN DE000A200QEFA1, "TPG") has acquired 2,656,000 shares in Mister Spex SE, Berlin (ISIN DE000A3CSAE2), in the course of a share swap. This corresponds to a stake of approximately 7.6% in the company. The corresponding voting rights notifi...
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15 December 2023 02:34PM
The Platform Group AG takes over Möbelfirst completely
DE000A2QEFA1
The Platform Group AG takes over Möbelfirst completely Düsseldorf, 15 December 2023. The Platform Group AG (ISIN DE000ASQEFA1, "TPG"), a leading software company for platform solutions, acquires the outstanding shares in Möbelfirst GmbH. Möbelfirst GmbH is one of the leading platforms for luxury furniture in German-speaking countries. Since 2021,...
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13 December 2023 03:15PM
The Platform Group AG sells its Beauty and Smartwatches divisions
DE000A2QEFA1
The Platform Group AG sells its Beauty and Smartwatches divisions Düsseldorf, 13 December 2023. The Platform Group AG (ISIN DE000ASQEFA1, "TPG"), a leading software company for platform solutions, is selling its Beauty and Smartwatches divisions. The closure of the Beauty and Smartwatches divisions belonging to fashionette was already announced i...
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07 December 2023 07:30AM
The Platform Group AG opens trading day at Frankfurt Stock Exchange with Bell Ringing Ceremony after successful business combination
DE000A2QEFA1
The Platform Group AG opens trading day at Frankfurt Stock Exchange with Bell Ringing Ceremony after successful business combination Düsseldorf, 07 December 2023. The Platform Group AG (ISIN DE000ASQEFA1, “TPG”), a leading software company for platform solutions, will open the trading day on the trading floor of the Frankfurt Stock Exchange on Mond...
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01 December 2023 05:30PM
The Platform Group AG acquires further stakes in Lott Fahrzeugteile-Plattform
DE000A2QEFA1
The Platform Group AG acquires further stakes in Lott Fahrzeugteile-Plattform Düsseldorf, 01 December 2023. The Platform Group AG (ISIN DE000ASQEFA1, „TPG“), a leading software company for platform solutions, announces the acquisition of further stakes in Werner Lott Kfz.- und Industriebedarf GmbH ("Lott Fahrzeugteile-Plattform"). Since 2021, The ...
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22 November 2023 02:00PM
The Platform Group AG completes logistics migration in the Netherlands
DE000A2QEFA1
The Platform Group AG completes logistics migration in the Netherlands Düsseldorf, 22 November 2023. The Platform Group AG (ISIN DE000ASQEFA1, „TPG“), a leading software company for platform solutions, announces the completion of the logistics migration in the Netherlands. As part of the cost and efficiency program launched at the former fashionet...
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15 November 2023 09:00AM
The Platform Group AG publishes pro-forma key figures for the first nine months of 2023
DE000A2QEFA1
The Platform Group AG publishes pro-forma key figures for the first nine months of 2023 Düsseldorf, 15 November 2023. The Platform Group AG (ISIN DE000ASQEFA1, „TPG“), a leading software company for platform solutions, publishes its consolidated, unaudited financial figures for the first nine months of the financial year 2023 on a pro-forma basis. ...
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10 November 2023 04:05PM
fashionette becomes Plattform Group AG
DE000A2QEFA1
fashionette becomes Plattform Group AG Düsseldorf, 10 November 2023. As already announced in the announcement of 6 November 2023, the merger of fashionette AG with The Platform Group GmbH &Co KG has now been successfully completed. The entry in the commercial register was recorded on 7 November 2023. The capital increase against contribution i...
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06 November 2023 09:19AM
fashionette AG – Business combination with The Platform Group GmbH & Co. KG
DE000A2QEFA1
fashionette AG – Business combination with The Platform Group GmbH & Co. KG Duessseldorf, 06 November 2023. The Management Board of fashionette AG (ISIN DE000A2QEFA1, "fashionette") announces today that the planned acquisition of a 100% stake in The Platform Group GmbH & Co KG is expected to be completed in the near future. According to the...
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19 October 2023 09:10AM
fashionette AG publishes pro-forma forecast for the newly created company The Platform Group AG
DE000A2QEFA1
fashionette AG publishes pro-forma forecast for the newly created company The Platform Group AG Düsseldorf, October 19, 2023. The Management Board of fashionette AG (ISIN DE000A2QEFA1, "fashionette") publishes the pro-forma forecast of the financial year 2023 for the newly created company The Platform Group AG. On September 6, 2023, the Extraordina...
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28 September 2023 10:00AM
fashionette launches platform for luxury fashion
DE000A2QEFA1
fashionette launches platform for luxury fashion Düsseldorf, Germany, 28 September 2023. fashionette AG (ISIN DE000A2QEFA1) („Company”) a leading e-commerce group for luxury products in Europe, has launched the announced platform for luxury fashion at the end of September 2023.Dr. Dominik Benner, CEO of fashionette AG: “In the background, we connec...
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06 September 2023 05:35PM
Annual General Meeting approves combination with The Platform Group
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fashionette AG: Annual General Meeting approves combination with The Platform Group Düsseldorf, 6 September 2023. fashionette AG (ISIN DE000A2QEFA1) („Gesellschaft“), a leading e-commerce group for luxury products in Europe, today successfully held the Extraordinary General Meeting of Shareholders convened at the request of The Platform Group GmbH ...
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30 August 2023 10:00AM
fashionette plans timely sale of discontinued business units
DE000A2QEFA1
fashionette plans timely sale of discontinued business units Düsseldorf, 30 August 2023. fashionette AG (ISIN DE000A2QEFA1) („Gesellschaft“), a leading e-commerce group for luxury products in Europe,  plans to sell the discontinued Beauty and Smartwatches business units in a timely manner. fashionette AG discontinued the Beauty and Smartwatches bus...
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21 August 2023 08:30AM
fashionette increases earnings in the first half of 2023 and raises earnings forecast for the full year
DE000A2QEFA1
fashionette increases earnings in the first half of 2023 and raises earnings forecast for the full year Düsseldorf, 21 August 2023. fashionette AG (ISIN DE000A2QEFA1) („Gesellschaft“), a leading e-commerce group for luxury products in Europe, publishes its results for the first half of 2023. The new Management of fashionette AG has been focusing o...
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More The Platform Group AG related information
Type Total Last Made by Go to
Corporate Research 1 5th November 2024 EQS Group AG Corporate Research
Directors Dealings 18 21st November 2024 Benner, Dr. Dominik Pasqual DD
Short Seller (DE) 1 19th April 2022 Acadian Asset Management LLC SSR (DE)
Short Seller (UK) 0 - - SSR (UK)
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