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HYPOPORT SE

Earnings Release Jul 23, 2024

218_rns_2024-07-23_9979d140-469b-4152-b128-eeb8b86eb586.html

Earnings Release

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News Details

Ad-hoc | 23 July 2024 11:21

Hypoport SE: Double-digit percentage growth in revenue and significant increase in EBIT in the second quarter of 2024

Hypoport SE / Key word(s): Half Year Results/Preliminary Results

Hypoport SE: Double-digit percentage growth in revenue and significant increase in EBIT in the second quarter of 2024

23-Jul-2024 / 11:21 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.


Inside information pursuant to article 17 of the Market Abuse Regulation (MAR)

Hypoport SE: Double-digit percentage growth in revenue and significant increase in EBIT in the second quarter of 2024

Berlin, 23 July 2024: At today’s Management Board meeting, Hypoport’s preliminary business figures for the second quarter of 2024 were evaluated. On this basis, the Hypoport Management Board expects the following results:

  • Revenue Q2/24: +30% to €111 mn (Q2/23: € 85 mn)
  • EBIT Q2/24: approx. €3.6 mn (Q2/23: € -2.5 mn)

  • Revenue H1/24: +22% to €218 mn (H1//23: €179 mn)

  • EBIT H1/24: approx. €7,9 mn (H1/23: € -1.7 mn)

The main reason for the Group’s increase in revenue and EBIT in first half of 2024 was a significant improvement in business development in private mortgage finance (Real Estate & Mortgage Platforms segment) compared to the previous year.

As announced, Hypoport will publish its final detailed half-year results on Monday, 12 August 2024.

Contact

Jan H. Pahl

Head of Investor Relations // IRO

Phone: +49 (0)30 / 42086 – 1942

Mobile: +49 (0)176 / 965 125 19

Email: [email protected]

Hypoport SE

Heidestr. 8

10557 Berlin

Germany

Key data on Hypoport’s shares

Hypoport SE

Regulated Market in Frankfurt (Prime Standard)

ISIN DE0005493365 / WKN 549336 / Stock exchanges symbol HYQ

End of Inside Information


23-Jul-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.eqs-news.com


Language: English
Company: Hypoport SE
Heidestraße 8
10557 Berlin
Germany
Phone: +4930420861942
Fax: +49/30 42086-1999
E-mail: [email protected]
Internet: www.hypoport.de
ISIN: DE0005493365
WKN: 549336
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1952173
End of Announcement EQS News Service

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