Baltic Classifieds Group PLC
BCG
ISIN GB00BN44P254 / Valor 111980347
Baltic Classifieds Group PLC
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About company
Baltic Classifieds Group PLC (BCG) stands as the premier operator of online classifieds in the Baltic region, encompassing Lithuania, Estonia, and Latvia. The company manages a diverse portfolio of fourteen leading online classifieds portals, which are segmented into four main business lines: Auto, Real Estate, Jobs & Services, and Generalist categories. These platforms serve as digital marketplaces where individuals and businesses can buy, sell, or rent products and services across a wide range of categories. BCG's offerings are accessible through a variety of brand websites, which are optimized for both desktop and mobile users, ensuring broad accessibility and user convenience. By focusing on these key sectors, BCG has positioned itself as a critical intermediary in the digital commerce ecosystem of the Baltic states, facilitating transactions and connections within the region's online marketplace.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (02.03.2026):
Baltic Classifieds Group PLC — H1 2026 (six months ended 31 October 2025): The Group reported continued growth driven by pricing and product actions, with revenue up 7% to €44.8m and EBITDA up 7% to €35.2m (margin 78%). Real Estate was the growth engine, Auto was stable at group level but hit by a sharp fall in Estonian transactions, and the company moved from net debt to net cash while returning cash to shareholders via dividends and buybacks.
Top-line and profitability
Revenue €44.8m (+7% YoY). Operating profit €31.1m (+18% YoY). EBITDA €35.2m (+7% YoY) with an EBITDA margin of 78% (79% in H1 2025).
Earnings per share
Basic EPS 5.5 € cents (+22% YoY). Adjusted basic EPS 6.3 € cents (+10% YoY).
Segment performance
Real Estate: €13.2m (+20%) — strongest performer. Auto: €16.0m (0% change) — Lithuanian strength offset by Estonian tax-driven weakness. Jobs & Services €8.9m (+7%); Generalist €6.8m (+4%).
ARPU and C2C yields
B2C ARPU increased across lines: Real Estate +16%, Auto +13%, Jobs +5%. Yields per C2C listed ad rose materially: Real Estate +27%, Auto +29%, Generalist +26% (Services active-ad yield broadly flat).
Operational metrics and market context
Average traffic ~58 million visits/month. C2C listed and active auto ads fell sharply (listed -29%, active -26%), driven by Estonian vehicle tax (Estonian transactions down ~50%); real estate listed ads down 7% (faster selling times). BCG maintains strong market leadership across key sites.
Cash, capital returns and balance sheet
Cash generated from operations €35.7m (+4% YoY), cash conversion ~99%. Voluntary debt repayment €10.0m; share buybacks €6.4m; interim dividend 1.3 € cents (+8%). Net cash position €5.1m at period end (from net debt of €3.6m at April 2025).
Costs and investments
Operating costs ex-D&A €9.7m (+8% YoY), largely people and data costs. Continued investment in product, IT and AI tools; headcount broadly stable (avg ~153 FTEs).
Outlook
Management expects H2 revenue growth above H1 and to accelerate into double digits for FY2027, led by Real Estate and Auto. EBITDA margin expected to remain in the mid‑seventies despite continued investment; capital returns (at least one third of excess cash by dividend) to continue.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
1088 M
Market cap (USD)
1,077,038
Daily traded volume (Shares)
3.16 / 3.11
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
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Dividend yield (p.a.)
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Ratings & reviews
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