SMG Swiss Marketplace Group reported an 11.3% year-over-year increase in first-half 2026 revenue to CHF 179.8 million, driven by broad-based growth across its portfolio of online marketplaces.
The real estate segment, which includes portals such as Homegate and ImmoScout24, grew 11.5% after a 12.5% gain in 2025. Auto marketplaces Autoscout24 and Motoscout24 expanded 12.2%, a moderation from the 16.4% increase recorded in the prior full year. General marketplaces Ricardo, Tutti.ch and Anibis.ch rose 13.0%, while the remaining business—including FinanceScout24 and Moneyland.ch—advanced 1.1%.
Adjusted EBITDA rose 16.0% to CHF 101.0 million, lifting the margin by 2.2 percentage points to 56.5%. Net profit after tax doubled to CHF 56.4 million.
SMG raised its 2026 revenue growth outlook to 11-12% from a prior 10-12% range, while reaffirming its EBITDA margin target of 56-58%. Mid-term goals for low-double-digit revenue growth and mid-to-high-60s margins were also maintained. Capital expenditure is projected at 7.5-8.5% of revenue.
The company announced a leadership transition, with CEO Christoph Tonini set to step down at year-end. Alberto Sanz de Lama, current head of the auto business, will succeed him. Tonini will become chairman in April, replacing Jörn Nikolay, who is retiring. Vice-chairman Pietro Supino will serve as interim chairman until the annual general meeting.
