Scout24 delivers strong Q3, narrows guidance to upper end By Investing.com
Update: 2025-10-30
Description
Scout24, the German digital real estate marketplace, reported a 15% revenue surge in Q3, reaching €165.6 million, beating analysts' expectations. The growth is attributed to increased customer numbers across their main business segments. Operating earnings also grew by nearly 15% year-over-year, with the Professional segment seeing a 15% rise in revenues due to membership growth. The Private segment, targeting individual users, also saw a 15% increase in revenue. Scout24's new AI-powered search assistant, HeyImmo, aims to enhance user experience. The company revised its full-year 2025 revenue outlook to the upper end of its previous guidance range, with expanded operating profit margins.
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