Scout24 AG: Scout24 generates stable revenue and improves margin in the first half of 2020 despite Covid-19 pandemic
(World News Austria)

DGAP-News: Scout24 AG / Key word(s): Half Year Results 13.08.2020 / 07:30 The issuer is solely responsible for the content of this announcement. Scout24 generates stable revenue and improves margin in the first half of 2020 despite Covid-19 pandemic Revenue from continuing operations is up 1% year-on-year at EUR 173 million Ordinary operating EBITDA margin increases to 61% The Residential Real Estate business shows strongest performance with 3% revenue growth New guidance for the year 2020 forecasts revenue roughly at previous year`s level with an ordinary operating EBITDA margin of around 60% Munich/Berlin, 13 August 2020 Following revenue growth of 5.6% in the first quarter and a decline...