Sparks - The Platform Group

The Platform Group has released ambitious growth targets for FY30: gross merchandise value to exceed €4.5bn, revenue of over €3bn and a double-digit margin. These indicate strong long-term growth in the context of management’s current FY26 guidance of €1.7bn, €1bn and 7–8%, respectively, for these measures.

The key drivers to the revenue growth are: increasing the number of connected partners to 40,000  versus 15,900 at the end of Q325; expanding to more than 50 industries from 35 by end FY26; and, according to the press release, the US market contributing a ‘relevant share of revenue and earnings’. M&A will continue to be an important source of growth.

The key drivers to the margin expansion are: internal initiatives to improve several key performance indicators such as average order value, discount levels and take rates; optimisation of the current portfolio of businesses;  and an ‘AI first + cost reduction programme’ that is expected to deliver efficiency and cost savings of €8–15m per year.