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123fahrschule Reports Growth with Preliminary 2024 Results

123fahrschule SE has announced preliminary figures for the 2024 financial year, reporting a sales record of €22.8 million, marking a 10% increase from the previous year. The company's EBITDA improved significantly to €400 thousand, a rise of approximately €1.3 million compared to 2023. This growth was mainly organic, with new store openings having a minimal impact on sales.

Looking ahead to 2025, the management anticipates consolidated revenues of €28-30 million and an EBITDA of €1.5-2.5 million, driven by branch expansions in major cities and growth in the Simulator Division. The acquisition of a new international client for truck simulators has already resulted in significant orders, highlighting potential revenue growth.

This year, substantial investments will be required, prompting the decision to issue a convertible bond for funding. Leadership changes, including the appointment of Marc Nölle, aim to enhance profitability and drive strategic measures.

R. P.

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