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Hypoport starts 2016 with revenue growth and a jump in EBIT - Seite 2

combined with lower losses from the insurance business, enabled the
business unit to report a significant jump in EBIT of 117 per cent to
EUR2.5 million (Q1 2015: EUR1.2 million).

Market conditions were stable for the Corporate Real Estate Clients
business unit in the first quarter. The housing industry's government brief
to create more housing is significantly increasing the number of potential
new customers in the business development pipeline. At EUR371 million, the
volume of new business brokered in the first quarter of 2016 was down on
the corresponding period of last year (Q1 2015: 492 million), reflecting
the normal pattern of volatility during the year. However, complex, one-off
lending transactions generated exceptionally high income, enabling revenue
to grow by 7 per cent to EUR4.2 million (Q1 2015: EUR3.9 million). Earnings
were also up, rising to EUR1.4 million (Q1 2015: EUR1.3 million).

"Overall, we enjoyed a good first quarter in a market held back by
regulation," said Slabke, adding: "We expect the lending market to
normalise as the year progresses and we are looking to the future with
confidence. Structural growth in the housing market and the pressure for
financial services to go digital will also help us to continue expanding
our market share. That is why, following a strong start to 2016 and despite
the uncertainty created by regulation, we continue to forecast revenue and
earnings growth for 2016 as a whole that is just into double digits, both
at Group level and in the three business units."

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: [e-mail]
Internet: www.hypoport.de
Twitter: http://twitter.com/Hypoport


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02.05.2016 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: Hypoport AG
Klosterstraße 71
10179 Berlin
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
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 News DGAP News Service
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459671 02.05.2016