The Platform Group AG Targets Growth with Vision 2030

The Platform Group AG (TPG) has unveiled its Vision 2030, focusing on key performance improvements and margin growth. TPG projects a 30% compound annual growth rate (CAGR) in gross merchandise value (GMV) and a 33% CAGR in sales from 2025-2030. This is a reduction from previous growth rates but reflects a blend of organic and inorganic strategies following a significant initial expansion phase from 2021-2025.

TPG aims to expand its EBITDA margin to double digits by 2030 through initiatives like AI cost-reduction and gross margin improvements. The company's strategy includes delisting low-priced items and increasing platform take rates. Additionally, TPG plans to divest small, non-contributing subsidiaries, signaling a shift in its strategy.

Despite conservative estimates, TPG is seen as undervalued, with potential for stock value increase as Vision 2030 progresses. The stock's target price remains at €21.00.