The Platform Group has increased its guidance for FY25 and FY26 due to a combination of the acquisitions made so far this year and the underlying growth achieved. For FY25 and FY26, there is no change to the guidance for gross merchandise volume. However, management has updated guidance for revenue and adjusted EBITDA in both years. FY25’s revenue guidance has increased by about 5% to €715–735m (from €680–700m) and FY26 has increased by a similar 5% to €860m (from €820m). For adjusted EBITDA, FY25 guidance has increased to €54–58m (margins of 7.6–7.9%) from €47–50m (margins of 6.9–7.1%). FY26 adjusted EBITDA margin guidance has increased to 7.5–10% (implying adjusted EBITDA of €64.5–86.0m) from 7–10% (implied adjusted EBITDA of €57.4–82.0m). At the midpoints, these represent upgrades of 15% for FY25 and 7% for FY26.
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