on The Platform Group SE & Co. KGaA (ETR:TPG)
The Platform Group Reports Significant Q1 2026 Growth
The Platform Group SE & Co. KGaA announced substantial growth in GMV, revenue, and adjusted EBITDA for Q1 2026. GMV increased by 23.0% to EUR 438.4 million, while revenue rose by 51.2% to EUR 243.1 million. Adjusted EBITDA saw a 37.1% rise to EUR 21.8 million. Despite these gains, the group's net profit slightly decreased to EUR 17.7 million. The number of active customers grew by 42.1% to 8.1 million, with an average order value climbing 2.4% to EUR 128.
The company also expanded its partner base by 12.2% to 17,221. Management confirmed guidance for 2026, targeting a GMV of EUR 1.7 billion. CEO Dr. Dominik Benner highlighted strategic adjustments in response to global interest and logistics cost changes, aiming to reduce dependence and manage costs effectively. The group plans to cut bank liabilities and adjust acquisitions to manage leverage.
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