EQS-News: The Platform Group AG / Key word(s): Mergers & Acquisitions/Disposal
The Platform Group continues its targeted expansion strategy in the optical sector and sells minority stake in Mister Spex SE
25.06.2025 / 16:30 CET/CEST
The issuer is solely responsible for the content of this announcement.

The Platform Group continues its targeted expansion strategy in the optical sector and sells minority stake in Mister Spex SE

Düsseldorf, 25 June 2025. The Platform Group AG (ISIN DE000A2QEFA1, “TPG”), a leading software company for platform solutions, is continuing to implement its three-stage market entry strategy for the optician and hearing acoustics industry announced on 13 June 2025. To this end, four groups of companies in the industry have already been acquired and linked to the MyGlasses.de online platform. A double-digit number of optical companies are expected to be acquired in the current financial year 2025 and the coming financial year 2026. In addition, at least 1,000 local opticians and hearing acousticians will be connected to the MyGlasses platform by the end of 2026, giving access to e-commerce on a partnership basis. The new “Optics & Hearing” segment is expected to generate revenue of over EUR 30 million and adjusted EBITDA of EUR 8 million to EUR 10 million in the 2025 financial year on a pro forma basis. The forecast EBITDA margin (adjusted) is at least 25%. By the end of 2026, the acquired companies are expected to contribute sales of at least EUR 55 million to EUR 60 million with an EBITDA margin of at least 25% and a growing online share.

In order to ensure a consistent focus on this profitable sector, the Management Board of The Platform Group AG has decided to sell its 7.6% minority stake in Mister Spex SE. The sale will consist of a package sale to two buyers and a sale of shares via the stock exchange. A period until October 2025 is planned.

Bjoern Minnier, CFO of The Platform Group AG: “As announced on 13 June 2025, we have initiated and are significantly expanding our entry into the optical industry. Our path to implement and grow this segment with a 25% margin means that we are fully focused on this highly profitable strategy. In terms of TPG's efficient capital allocation and in the interests of our shareholders, this is a targeted decision. And we have been able to use the past two years to analyze the industry in detail, examine various targets and get to know the players. Accordingly, we are divesting our minority stake in Mister Spex SE.”

The Platform Group AG:

The Platform Group AG is a software company that is active in 27 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
Bjoern Minnier, CFO and Head of IR
ir@the-platform-group.com
Schloss Elbroich | Am Falder 4 | 40589 Düsseldorf | Germany
corporate.the-platform-group.com

25.06.2025 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.

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