Hypoport AG / Key word(s): 9-month figures
21.10.2016 15:48
Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
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Inside information pursuant to article 17 of the Market Abuse Regulation
(MAR)
Results for January to September: sharp year-on-year rise in earnings
Berlin, 21 October 2016: The Group's preliminary results, which were
analysed at today's meeting of the Hypoport AG Management Board, reveal
double-digit growth in revenue and earnings, marking a significant increase
on the prior-year figures.
For the first nine months of 2016, Hypoport predicts revenue of around
EUR113.5 million (Q1-Q3 2015: EUR103.1 million) and earnings before
interest and tax (EBIT) of around EUR17 million. EBIT therefore rose
exceptionally strongly, increasing by 15 per cent compared with the first
three quarters of last year (Q1-Q3 2015: EUR14.7 million). Hypoport will be
publishing its financial results for the first nine months of 2016 as
planned on 31 October this year.
About Hypoport AG
The Hypoport Group is a technology-based financial service provider. The
business model is based on its three mutually supporting business units:
Private Clients, Financial Service Providers, and Institutional Clients.
All three units are engaged in the distribution of financial services,
facilitated or supported by finance-technology ('fintech').
As a wholly-owned subsidiary of Hypoport, Europace AG develops and operates
the web-based EUROPACE financial marketplace, which is Germany's largest
platform for mortgages, building finance products and personal loans. A
fully integrated system links more than 350 partners - banks, insurers and
financial product distributors. Several thousand users execute some 35.000
transactions worth a total of up to EUR4 billion on EUROPACE every month.
The Hypoport subsidiary Dr. Klein & Co. AG is an independent online
distributor of financial products. This firm's specialists provide private
clients with a full range of advisory services around mortgage finance,
insurance and retirement planning. Dr. Klein & Co. AG has been a major
financial service partner to housing companies and commercial property
investors since 1954. Hypoport AG is headquartered in Berlin, employs about
750 people and is listed in the Prime Standard of the Frankfurt Stock
Exchange. At the end of 2015 Hypoport was admitted to the SDAX.
Contact
Hypoport AG
Michaela Reimann
Head of Investor Relations & Public Affairs
Tel: +49 (0)30 42086 1936
Email: ir@hypoport.de
www.hypoport.com
Key data on Hypoport's shares
ISIN DE 0005493365
WKN 549336
Stock exchange symbol HYQ
Indices SDAX
21.10.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: Hypoport AG
Klosterstraße 71
10179 Berlin
Germany
Phone: +49/30 42086-0
Fax: +49/30 42086-1999
E-mail: ir@hypoport.de
Internet: www.hypoport.de
ISIN: DE0005493365
WKN: 549336
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Stuttgart, Tradegate
Exchange
End of Announcement DGAP News-Service
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