The Decision of Scout24 SE to Increase Dividend
The decision of Scout24 SE to increase the dividend for the fiscal year 2024 is a significant signal for investors in the German-speaking area. This measure reflects the stability and profitability of the company and underscores its ability to achieve continuous growth.
Background and Decision
- Dividend Increase: The annual general meeting of Scout24 SE has decided to increase the dividend by 10% to €1.32 per share. This is the third consecutive double-digit increase and highlights the financial strength of the company.
- Business Performance: In the fiscal year 2024, the Scout24 Group achieved double-digit revenue growth for the fourth consecutive time and proportionately increased EBITDA from ordinary operations.
- Forecast for 2025: The board has confirmed the forecast for the fiscal year 2025, which envisions revenue growth of 12-14%, including an inorganic contribution of approximately 2 percentage points, as well as an increase in the EBITDA margin by up to 50 basis points.
Importance for Investors
The dividend increase is of great significance for investors in the German-speaking area as it indicates the financial health and growth potential of the company. This decision could strengthen investor confidence and potentially lead to a positive development of the stock price.
Further Developments
- Supervisory Board Election: AI expert Lutz Finger has been elected to the supervisory board, which underscores the strategic direction of the company towards innovative technologies.
- Compensation System: A new compensation system for board members has been approved, which is focused on long-term performance goals.
- Diversity and Inclusion: Scout24 has further expanded its efforts towards diversity and inclusion, with nearly 60% of new hires being women in 2024.
In summary, the dividend increase demonstrates the strength and growth potential of Scout24 SE, which is of significant interest to investors in the German-speaking area.