The Platform Group AG / DE000A2QEFA1
26.07.2024 - 09:45:04The Platform Group AG: ODDO BHF initiates Research Coverage with OUTPERFORM recommendation and price target of EUR 12.50
| The Platform Group AG / Key word(s): Research Update 26.07.2024 / 09:45 CET/CEST The issuer is solely responsible for the content of this announcement. Düsseldorf, 26 July 2024. ODDO BHF has initiated Research Coverage of The Platform Group AG (ISIN DE000A2QEFA1, “TPG”), a leading software company for platform solutions, with OUTPERFORM recommendation and a price target of EUR 12.50. The complete Research Report is available in the Investor Relations section of the Company’s website at ODDO BHF Research Initiation. The Platform Group AG: The Platform Group AG is a software company that is active in 22 sectors 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 16 locations across Europe and is headquartered in Düsseldorf. Over 24 investments and company acquisitions have been made since 2020. In 2023, pro-forma sales of EUR 441 million and an operating result (adjusted EBITDA) of EUR 22.6 million were realized. 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 26.07.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. 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 |
| EQS News ID: | 1954689 |
| End of News | EQS News Service |
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