HomeToGo (HTG) Guidance summary

Opening remarks and agenda

• Announced the successful acquisition of Interhome, positioning the group as Europe's leading vacation rental company and introducing updated 2025 financial guidance.

• Presented updated 2025 financial guidance and discussed the strategic impact of the Interhome acquisition.

• Outlined the agenda: strategic repositioning, Interhome business overview, company positioning, acquisition details, financial outlook, and closing remarks.

Guidance on key objectives

• Updated full-year 2025 guidance reflects Interhome acquisition, with pro-forma IFRS Revenues estimated at approximately €400M and Adjusted EBITDA at approximately €40M for 2025.

• Statutory IFRS Revenues for 2025 expected to exceed €260M, with Adjusted EBITDA of more than €11M, reflecting only partial-year Interhome consolidation.

• Free Cash Flow for 2025 is expected to be positive on a pro-forma basis but negative on a statutory basis due to Interhome's seasonal working capital cycle.

• Guidance for Booking Revenues discontinued, aligning with a strategic shift toward the B2B-led HomeToGo_PRO segment.

• Financial guidance for 2026 will be provided with the release of audited 2025 results in March 2026.

Market trends and strategic opportunities

• The European vacation rental market is large, fragmented, and growing, with increasing professional management and online bookings.

• Interhome acquisition positions the group as a leading player with a diversified, exclusive property portfolio and high recurring revenue.

• Younger generations are converting family properties into income-generating vacation rentals, expanding the serviceable market.

• Market expected to grow due to regulatory trends and demographic shifts.