Double-digit percentage growth in revenue and significant increase in EBIT in the third quarter of 2024
EQS-Ad-hoc: Hypoport SE / Key word(s): Quarter Results/Preliminary Results Inside information pursuant to article 17 of the Market Abuse Regulation (MAR) Hypoport SE: Double-digit percentage growth in revenue and significant increase in EBIT in the third quarter of 2024
Berlin, 29 October 2024: At today's Management Board meeting, Hypoport’s preliminary business figures for the third quarter of 2024 were evaluated. On this basis, the Hypoport Management Board expects the following results:
The main reason for the Group's increase in revenue and earnings in the third quarter of 2024 was a significant year-on-year improvement in business development in private mortgage finance in the Real Estate & Mortgage Platforms segment.
In the Financing Platforms segment, revenue and earnings trends in the traditionally volatile business models of corporate finance (REM Capital) and loan brokerage for the housing industry (Dr. Klein Wowi Finanz) were again weaker than expected in the third quarter of 2024.
As announced, Hypoport will publish its final Q1-Q3 results on Monday, 11 November 2024.
Contact Jan H. Pahl Head of Investor Relations // IRO
Phone: +49 (0)30 / 42086 - 1942 Mobile: +49 (0)176 / 965 125 19 Email: ir@hypoport.de
Hypoport SE Heidestr. 8 10557 Berlin Germany
Key data on Hypoport's shares Hypoport SE Regulated Market in Frankfurt (Prime Standard) ISIN DE0005493365 / WKN 549336 / Stock exchanges symbol HYQ End of Inside Information
29-Oct-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Hypoport SE |
Heidestraße 8 | |
10557 Berlin | |
Germany | |
Phone: | +4930420861942 |
Fax: | +49/30 42086-1999 |
E-mail: | ir@hypoport.de |
Internet: | www.hypoport.de |
ISIN: | DE0005493365 |
WKN: | 549336 |
Indices: | MDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 2017631 |
End of Announcement | EQS News Service |
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2017631 29-Oct-2024 CET/CEST