DGAP-News
Hypoport AG: Strong start to the year for Hypoport - Seite 2
product range and invested in establishing new business areas. The lower
number of big-ticket deals compared with the very strong first quarter of
2014 was within the volatility range in the business model, but resulted in
a dip in revenue and earnings. The business unit contributed EUR1.3 million
to consolidated EBIT (Q1 2014: EUR2.0 million).
"The first three months of the year have been very successful for Hypoport
AG and have actually exceeded our expectations," added Ronald Slabke.
"Based on the strong start to the year in all three business units, the
Management Board has revised its earnings forecast for 2015 as a whole."
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Hypoport anticipates that its revenue for 2015 will grow at a low
double-digit rate. The Group also expects to widen its EBIT margin and,
consequently, to achieve disproportionately strong earnings growth.
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 250 partners - banks, insurers and
financial product distributors. Several thousand users execute over 20,000
transactions worth a total of up to EUR3 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 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 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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04.05.2015 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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352117 04.05.2015
double-digit rate. The Group also expects to widen its EBIT margin and,
consequently, to achieve disproportionately strong earnings growth.
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 250 partners - banks, insurers and
financial product distributors. Several thousand users execute over 20,000
transactions worth a total of up to EUR3 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 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 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
---------------------------------------------------------------------
04.05.2015 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
---------------------------------------------------------------------
352117 04.05.2015
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