Q1 2024 was yet another quarter of strong results, as net sales grew by 33.3% to SEK 253.4m and EBITDA by 37.3% to SEK 119.7m compared to last year. The growth is driven by more property sellers choosing to maximise their marketing on Hemnet through investing in Hemnet Premium, as well as 11 % more property listings compared to last year. 2024 has started with a number of welcomed positive signals on the property market with not only more listings on Hemnet, but also more transactions, higher prices as well as increasing price expectations from consumers. We look forward to a spring with hopefully continued, perhaps growing, activity and to continuing helping Swedish property buyers and sellers to increase their chances of a successful home sale https://lnkd.in/dUgkJaCE
Well done team Hemnet!
CEO, angel investor & non-executive
2moCongrats, very impressive growth!