Scout24 Se (SCOTF) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon everyone and welcome to Scout24 second quarter and first half 2026 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 Martin Mildner, our chief financial officer. Ralf will start the presentation with key business highlights and Martin 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 shortly after the event. Please take note of the disclaimer on page 2. Ralf, over to you. Thank you, Filip. Good afternoon, everyone, and thank you for joining us. The second quarter of 2026 shows that Scout24 continues to combine strong financial performance with leadership in AI and innovation. In the second quarter, we delivered 20% revenue growth, continued double-digit organic growth, and further organic margin expansion. and less than three months after our CMD, we are already making strong progress on the strategic priorities we set out there. Our B2B subscription business continues to deliver industry-leading growth. On the consumer side, our B2C subscriptions are gaining momentum in a challenging market, with more seekers choosing higher value memberships that include our recently launched AI features. Immo.ai is increasingly becoming part of every customer journey across our platform. We are seeing exponential growth in AI usage, new products, and new revenue streams. I will come back to this in more detail later. At the same time, AI is changing how we work internally. Since our CMD, the use of AI agents ac...