Earnings Release • Mar 4, 2016
Earnings Release
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News Details
Ad-hoc | 4 March 2016 17:59
Hypoport AG: Record results in 2015, with sharp year-on-year rises in revenue and earnings
Hypoport AG / Key word(s): Forecast
04.03.2016 17:59
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Ad-hoc disclosure pursuant to section 15 of the German Securities Trading
Act (WpHG)
Record results in 2015, with sharp year-on-year rises in revenue and
earnings
Berlin, 4 March 2016: Based on the consolidated figures that were evaluated
at Hypoport AG's Management Board meeting today, revenue of EUR139 million
and EBIT of at least EUR19 million are expected for 2015 as a whole.
Revenue grew by 24 per cent year on year (2014: EUR112.3 million). Earnings
before interest and tax (EBIT) actually more than doubled. (2014: EUR7.9
million).
"Our three business units, Financial Service Providers, Private Clients and
Institutional Clients, have all reported record results for 2015. The
housing market in Germany is experiencing a phase of structural growth. We
are confident that our technology-based business models will continue to
scale in the future and will continue to outstrip the market," commented
Ronald Slabke, Chief Executive Officer of Hypoport AG.
Hypoport will be publishing its preliminary financial results for 2015 as
planned on 14 March 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 some 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 more
than 500 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:
Christian Würdemann
Investor Relations
Hypoport AG
Klosterstraße 71
D-10179 Berlin
Phone: +49 (0) 30 / 4 20 86 - 1920
Fax: +49 (0) 30 / 4 20 86 - 281920
E-Mail: [email protected]
Internet: www.hypoport.de
Twitter: http://twitter.com/Hypoport
04.03.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: Hypoport AG
Klosterstraße 71
10179 Berlin
Germany
Phone: +49/30 42086-0
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, Stuttgart
End of Announcement DGAP News-Service
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