Filip Lindvall
Vice President Group Strategy and Investor Relations
Replay available
Scout24 Se (OTC: SCOTF) Q2 2025 earnings conference call, held 2025-08-07. Replay captured from the company's public earnings webcast.

Vice President Group Strategy and Investor Relations
Chief Executive Officer
Chief Financial Officer
Analyst, Kepler Cheuvreux
Analyst, Morgan Stanley
Analyst, Barclays
Analyst, BNP Paribas
Analyst, Deutsche Bank
Analyst, Jefferies
Good afternoon, everyone, and welcome to Scout24 second quarter and first half 2025 earnings call. My name is Filip Lindvall and I'm vice president group strategy and investor relations at Scout24. With me on the call today are Ralf Weitz, our chief executive officer, and Dirk Schmelzer, our chief financial officer. Ralf will start the presentation with key business highlights and Dirk will provide a detailed overview of our financial results. As always, we will conclude the call with a Q&A session. You can find today's presentation on our website under financial reports and presentations. This session will be recorded and a replay will be made available as quickly as possible after the event. Please take note of the disclaimer on page two. Ralf, now over to you. Thank you, Philipp, and welcome, everyone. Let's move to page four of our presentation and review the key highlights of the second quarter and first half. We are very pleased with our second quarter performance, which was strong across the board and continues to build on our excellent first quarter results. Second quarter revenue grew 15.1% with organic growth remaining strong at 11.1%. For the first half, we delivered total revenue growth of 15.5%. Revenue growth was driven by our two great core businesses, which continue to deliver impressive customer growth. Our B2B business is now approaching 26,000 customers. and our B2C segment surpassed the significant milestone of 500,000 subscribers in the second quarter. PPA Private was a bright spot in the quarter with 10.9% growth, driven by increased listing volumes and marketing activities. Transaction enablement showed more modest expansion in the second quarter due to lower transaction volumes. We continue to generate operating leverage as we drive interconne...