Earnings Release • Jul 22, 2015
Earnings Release
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Ad-hoc | 22 July 2015 12:23
Hypoport raises its revenue forecast for the 2015 financial year
Hypoport AG / Key word(s): Change in Forecast
22.07.2015 12:23
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)
Hypoport raises its revenue forecast for the 2015 financial year
Berlin, 22 July 2015: The Management Board of Hypoport AG is raising the
revenue forecast for the 2015 financial year.
For the first half of 2015, Hypoport predicts revenue of EUR67.5 million
(H1 2014: EUR53.3 million) and EBIT of EUR9.1 million (H1 2014: EUR4.3
million). The Management Board has decided to revise the forecast for 2015
as a whole due to the Company's strong performance in the first six months
and the positive expectations for business in the second half of the year:
Hypoport anticipates that its revenue for 2015 will grow at a double-digit
rate. It also expects to widen its EBIT margin and, consequently, to
achieve disproportionately strong earnings growth.
Hypoport will be publishing its financial results for the first half of
2015 on 3 August this year as planned.
Information on Hypoport AG
As an independent financial product distributor that runs a B2B financial
marketplace, Hypoport operates successfully in two mutually reinforcing
segments. It always provides the simplest access to the best financial
services. Europace AG - a wholly owned Hypoport subsidiary - develops and
operates EUROPACE, which is an online financial marketplace and the largest
German platform offering mortgages, building finance products and personal
loans. A fully integrated system links more than 300 partners - banks,
insurers and financial product distributors. Several thousand users execute
some 35,000 transactions per month on this platform, generating a volume of
around EUR4 billion per 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 investment products. Dr. Klein & Co.
AG has been a major financial service partner to housing companies, local
authorities 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.
Contact:
Christian Würdemann
Head of Group Operations
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
22.07.2015 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
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Stuttgart
End of Announcement DGAP News-Service
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