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Hypoport AG: New record for EUROPACE - transaction volume tops the EUR10 billion mark for the first time
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0 KommentareDGAP-News: Hypoport AG / Key word(s): Quarter Results
Hypoport AG: New record for EUROPACE - transaction volume tops the
EUR10 billion mark for the first time
09.04.2015 / 08:36
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Press release
Volume of EUROPACE transactions in the first quarter of 2015
New record for EUROPACE: transaction volume tops the EUR10 billion mark for
the first time
Berlin, 09 April 2015: The volume of transactions processed on the EUROPACE
marketplace for financial products grew to EUR11.1 billion in the first
quarter of 2015. This represented an increase of more than 31 per cent
compared with the corresponding period of last year. EUROPACE therefore
beat its previous record - set in the third quarter of 2014 - and topped
the EUR10 billion mark for the first time.
"I am delighted that we have achieved this new quarterly record. The volume
of new loans brokered via our platform in March of this year averaged more
than EUR200 million per working day", commented Thilo Wiegand, the Chief
Executive Officer of Europace AG. "This success can, above all, be
attributed to the performance of our currently more than 300 platform
partners; however, it is also driven by the large number of working days in
the first quarter of this year and by the early onset of construction
activity owing to the mild weather."
The product segments in detail
The mortgage-finance product segment once again contributed the largest
share of the total transaction volume, generating EUR8.9 billion (up 37 per
cent). The value of transactions processed in the Bausparen segment grew by
almost 15 per cent to EUR1.9 billion, while the volume of personal-loan
transactions advanced by more than 9 per cent to EUR434 million. Following
a weaker fourth-quarter figure as a result of seasonal factors, EUROPACE
saw the Company's best ever result. EUROPACE's previous record had been the
transaction volume of EUR9.6 billion achieved in the third quarter of 2014.
Note: Neither the revenue nor the earnings generated by Europace AG can be
directly extrapolated from the transaction figures given above.
About EUROPACE
EUROPACE is an online financial marketplace that is run by Europace AG and
its sister companies. It is the largest German transaction platform
offering mortgages, building finance products and personal loans. A fully
integrated system links roughly 300 partners - banks, insurers and
financial product distributors. Several thousand users execute some 30,000
transactions per month on this platform, generating an annual volume in
excess of EUR35 billion. EUROPACE has been certified as meeting the
requirements of the TÜV data protection assessment. Europace AG is a wholly
owned subsidiary of Hypoport AG, which is listed in the Prime Standard of
the Frankfurt Stock Exchange.
Contact:
Christian Würdemann
Head of Communications, Human Resources & Legal
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: ir@hypoport.de
Internet: www.hypoport.de
Twitter: http://twitter.com/Hypoport
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09.04.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and 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
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Stuttgart
End of News DGAP News-Service
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342423 09.04.2015
Press release
Volume of EUROPACE transactions in the first quarter of 2015
New record for EUROPACE: transaction volume tops the EUR10 billion mark for
the first time
Berlin, 09 April 2015: The volume of transactions processed on the EUROPACE
marketplace for financial products grew to EUR11.1 billion in the first
quarter of 2015. This represented an increase of more than 31 per cent
compared with the corresponding period of last year. EUROPACE therefore
beat its previous record - set in the third quarter of 2014 - and topped
the EUR10 billion mark for the first time.
"I am delighted that we have achieved this new quarterly record. The volume
of new loans brokered via our platform in March of this year averaged more
than EUR200 million per working day", commented Thilo Wiegand, the Chief
Executive Officer of Europace AG. "This success can, above all, be
attributed to the performance of our currently more than 300 platform
partners; however, it is also driven by the large number of working days in
the first quarter of this year and by the early onset of construction
activity owing to the mild weather."
The product segments in detail
The mortgage-finance product segment once again contributed the largest
share of the total transaction volume, generating EUR8.9 billion (up 37 per
cent). The value of transactions processed in the Bausparen segment grew by
almost 15 per cent to EUR1.9 billion, while the volume of personal-loan
transactions advanced by more than 9 per cent to EUR434 million. Following
a weaker fourth-quarter figure as a result of seasonal factors, EUROPACE
saw the Company's best ever result. EUROPACE's previous record had been the
transaction volume of EUR9.6 billion achieved in the third quarter of 2014.
Note: Neither the revenue nor the earnings generated by Europace AG can be
directly extrapolated from the transaction figures given above.
About EUROPACE
EUROPACE is an online financial marketplace that is run by Europace AG and
its sister companies. It is the largest German transaction platform
offering mortgages, building finance products and personal loans. A fully
integrated system links roughly 300 partners - banks, insurers and
financial product distributors. Several thousand users execute some 30,000
transactions per month on this platform, generating an annual volume in
excess of EUR35 billion. EUROPACE has been certified as meeting the
requirements of the TÜV data protection assessment. Europace AG is a wholly
owned subsidiary of Hypoport AG, which is listed in the Prime Standard of
the Frankfurt Stock Exchange.
Contact:
Christian Würdemann
Head of Communications, Human Resources & Legal
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: ir@hypoport.de
Internet: www.hypoport.de
Twitter: http://twitter.com/Hypoport
---------------------------------------------------------------------
09.04.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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: ir@hypoport.de
Internet: www.hypoport.de
ISIN: DE0005493365
WKN: 549336
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Stuttgart
End of News DGAP News-Service
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342423 09.04.2015
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