Sentiment Trading

Platform Group AG has raised its 2025 sales and earnings forecast, citing strong organic growth, successful acquisitions, and a robust market position in the Consumer Discretionary sector.

Platform Group AG, a leading software solution provider, is undergoing a significant transformation, including a change in its legal form and management hierarchy, in a bid to adapt to a rapidly evolving digital marketplace.

Platform Group AG reports significant financial growth in Q1 2025, with an 86.9% increase in Gross Merchandise Volume and a 49.0% rise in revenue, driven by its expanding e-commerce platform and strategic expansion into logistics.

The Platform Group AG has revised its 2025 financial projections upwards, anticipating a gross merchandise volume of 1.3 billion euros and net sales of 680-700 million euros, driven by strong performance and strategic growth initiatives.

The Platform Group AG has acquired a majority stake in Joli Closet, a French luxury platform, to expand its luxury segment and tap into the booming second-hand luxury goods market.

The Platform Group AG has acquired a 50.1% stake in Joli Closet, a French platform for secondhand luxury goods, marking a strategic expansion into the growing secondhand luxury market.