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HYPOPORT SE

Earnings Release Apr 15, 2016

218_rns_2016-04-15_98bf985c-98cc-4c58-a3dd-362df3fad757.html

Earnings Release

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News Details

Ad-hoc | 15 April 2016 15:56

Hypoport AG: Strong start to the year with sharp year-on-year rise in earnings

Hypoport AG / Key word(s): Forecast

15.04.2016 15:56

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)

Strong start to the year with sharp year-on-year rise in earnings

Berlin, 15 April 2016: Based on the consolidated figures that were
evaluated at Hypoport AG's Management Board meeting today, revenue of
around EUR35 million (Q1 2015: EUR33.3 million) and Earnings before
interest and tax (EBIT) of at least EUR5.4 million are expected for the
first quarter of 2016. The EBIT rose year on year exceptionally strongly,
increasing by at least 40 per cent (Q1 2015: EUR3.8 million).

"Following a record-breaking year in 2015, I am delighted that we started
2016 with the strongest first quarter in the history of our company. We
achieved this despite the fact that the implementation of regulation in the
mortgage-loans market arising from the Mortgage Credit Directive has tied
up resources for banks, partners and for us, and had a negative impact on
new business.," commented Ronald Slabke, Chief Executive Officer of
Hypoport AG.

Hypoport will be publishing its financial results for the first quarter of
2016 on 2 May this year as planned.

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 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

15.04.2016 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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