HYPOPORT AG (FRA:HYQ) EQS-Adhoc: Hypoport SE: Profitable start to the year despite weak market environment
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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: Profitable start to the year despite weak market environment
Berlin, 24 April 2023: At today's Management Board meeting, Hypoport’s preliminary business figures for Q1 2023 were evaluated. On this basis, the Hypoport Management Board expects the following results:
The development compared to Q1 2022 is therefore as follows:
The main reason for the significant year-on-year decline in revenue and EBIT was a significant slump in the private mortgage market from summer 2022.
The development compared to Q4 2022 is as follows:
The main reason for the positive revenue development since Q4 2022 is a higher platform volume in the market for private mortgages. The EBIT improvement resulted, among other things, from the successful implementation of the 2022 cost reduction programme.
Hypoport will publish its Q1 statement as planned on Monday 8 May 2023.
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
24-Apr-2023 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: | SDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1615621 |
| End of Announcement | EQS News Service |
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1615621 24-Apr-2023 CET/CEST