The Platform Group AG
ISIN: DE000A2QEFA1
WKN: A2QEFA
04 April 2025 10:00AM

EQS-News: The Platform Group AG: Capital markets expert Marcus Vitt joins Board of Directors to drive long-term growth strategy

The Platform Group AG · ISIN: DE000A2QEFA1 · EQS - Company News
Country: Germany · Primary market: Germany · EQS NID: 2111498

EQS-News: The Platform Group AG / Key word(s): Personnel
The Platform Group AG: Capital markets expert Marcus Vitt joins Board of Directors to drive long-term growth strategy (news with additional features)

04.04.2025 / 10:00 CET/CEST
The issuer is solely responsible for the content of this announcement.


The Platform Group AG: Capital markets expert Marcus Vitt joins Board of Directors to drive long-term growth strategy

Düsseldorf, 04 April 2025.
The Platform Group AG (ISIN DE000A2QEFA1, “TPG”), a leading software company for platform solutions, today implemented a change in its Board of Directors. At its meeting today, the Supervisory Board appointed Mr. Marcus Vitt as a member of the Board of Directors with effect from 04 April 2025. Ms. Laura Vogelsang will leave the Board of Directors as of 04 April 2025 by mutual agreement and join to the Company’s Advisory Board. Marcus Vitt will take over the operational management and strategic development of the Company together with CEO Dr. Dominik Benner.

Dr. Dominik Benner, CEO of The Platform Group AG: “With Marcus Vitt, The Platform Group AG is gaining an experienced professional who brings a wealth of expertise and an extensive network as well as proven track record in managing and scaling companies from his many years as a board member of Donner & Reuschel. I am looking forward to working with him.”

Marcus Vitt: “I am excited to work with Dr. Dominik Benner and the entire team to drive the further development of The Platform Group AG. The software and e-commerce industry is undergoing profound change, and I see great potential to further strengthen The Platform Group AG as the leading player for platform solutions in this market and to cover new industries.”

Stefan Schütze, Chairman of the Supervisory Board of The Platform Group AG: “Laura Vogelsang has successfully completed the integration of fashionette into The Platform Group AG, which began in 2023. This was an important milestone in our development into the leading platform group in Europe. We would like to expressly thank her for her outstanding performance and the implementation of the successful platform strategy. With Marcus Vitt, we have an excellent candidate to ensure the strong further development of The Platform Group AG and to strengthen the future development of the Group.”

Before joining The Platform Group AG, Marcus Vitt was a member of the management board of Donner & Reuschel Bank for more than 20 years until his departure at his own request in October 2024, including 15 years as spokesman of the management board. Under his aegis, the private bank Conrad Hinrich Donner became the Donner & Reuschel Group, whose total assets and net interest income have multiplied since 2002. During his tenure, he was responsible for the takeover of Privatbank Reuschel and the depositary business of Berenberg. In addition, Marcus Vitt has been a member of the Exchange Council of the Hamburg Stock Exchange since 2002 and is currently Chairman of the Exchange Council of the Hamburg Stock Exchange. After training as a banker and investment and asset consultant, he held various management positions, including at the Scandinavian financial services group SEB and the Berliner Volksbanken, as well as on the management board – most recently as spokesman – of Signal Iduna Asset Management GmbH, which manages the assets of the Signal Iduna Group.

The Platform Group AG:

The Platform Group AG is a software company that is active in 25 industries with its own platform solutions. Its customers include both B2B and B2C customers in sectors such as furniture retail, machinery retail, dental technology, car platforms and luxury fashion. The Group has 18 locations across Europe and is headquartered in Düsseldorf. In 2024, sales of EUR 525 million was realized with an operating result (EBITDA adjusted) of EUR 33 million.

Contact:

Investor Relations
Reinhard Hetkamp, CFO and Head of IR
ir@the-platform-group.com
Schloss Elbroich | Am Falder 4 | 40589 Düsseldorf | Germany
corporate.the-platform-group.com


Additional features:

File: Copyright: The Platform Group AG (Left: Dr. Dominik Benner / Right Marcus Vitt)


04.04.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: The Platform Group AG
Schloss Elbroich, Am Falder 4
40589 Düsseldorf
Germany
E-mail: ir@the-platform-group.com
Internet: https://the-platform-group.com/
ISIN: DE000A2QEFA1
WKN: A2QEFA
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Oslo
EQS News ID: 2111498

 
End of News EQS News Service

2111498  04.04.2025 CET/CEST

Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.

The most important financial data at a glance
  2019 2020 2021 2022 2023 2024 2025e
Sales1 73,16 94,81 133,76 168,43 432,20 524,64 725,00
EBITDA1,2 6,77 5,88 1,59 14,11 46,75 55,63 56,00
EBITDA-Margin3 9,25 6,20 1,19 8,38 10,82 10,60 7,72
EBIT1,4 4,27 3,45 -0,51 9,12 38,91 45,78 54,00
EBIT-Margin5 5,84 3,64 -0,38 5,42 9,00 8,73 7,45
Net Profit (Loss)1 1,40 0,87 -1,70 7,98 26,99 32,74 50,00
Net-Margin6 1,91 0,92 -1,27 4,74 6,25 6,24 6,90
Cashflow1,7 1,84 5,24 -13,81 2,22 104,09 57,99 65,00
Earnings per share8 0,23 0,14 -0,27 1,12 1,48 1,60 2,40
Dividend per share8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

Auditor: Russler & Arnold

All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.

INVESTOR-INFORMATION
©boersengefluester.de
The Platform Group
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
A2QEFA DE000A2QEFA1 AG 123,91 Mio € 29.10.2020 Kaufen 9F385RGG+37
* * *
PE 2026e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
2,32 3,53 0,66 9,26 0,94 2,14 0,24
Dividends
Dividend '2023
in €
Dividend '2024
in €
Dividend '2025e
in €
Div.-Yield '2025e
in %
0,00 0,00 0,00 0,00%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
25.08.2025 23.05.2025 22.08.2025 14.11.2025 28.04.2025
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
+3,44%
6,02 €
ATH 39,75 €
-23,32% -33,47% -23,80% -22,02% -80,58%

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