Scout24: €455M Shareholder Return & Agentic AI Bet

Scout24 plans to return €455 million to shareholders in 2026. This includes a €1.50 dividend and up to €350 million in share buybacks. What's interesting is the company reported strong financial results. Revenue for 2025 reached €649.6 million, marking a 14.7% increase. Ordinary operating EBITDA also rose by 16.5% to €405.7 million. Scout24 is also betting big on AI. They envision their future as an "Agentic OS" for real estate, powered by their immo.ai layer. This strategy aims to address market concerns about AI's impact on classifieds. Looking ahead, Scout24 expects 16% to 18% revenue growth in 2026, with an organic margin targeted near 64% by 2028. This news matters because it shows a company combining strong financial performance with a clear strategy for technological advancement.