029 Group SE Reports Positive Net Result for 2024

Berlin, 25th April 2025. 029 Group SE, a global hospitality and lifestyle platform, has published its Annual Report for 2024. The company reported a net profit of EUR 334,207, a notable recovery from last year's net loss of EUR -5,624,631. This rebound was largely attributed to the successful divestment from Emerald Stay.

Portfolio companies under 029 Group SE have shown significant growth. Limestone Capital expanded within the hospitality sector by acquiring and reopening Aethos Sardinia. Hotelbird enhanced its position in the German market with new partnerships and product innovations. TRIP achieved record sales and expanded its reach in the U.K. and U.S. Brother’s Bond secured USD 7.5 million in financing and entered the European market.

Managing Director Leon Sander emphasized the group's resilience and strategic development amid a challenging economic climate, focusing on long-term value creation.