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Hypoport increases revenue in Q3 2020 to approx. €95 million and anticipates EBIT of approx. €7 million for Q3 2020

Berlin, 21 October 2020: The preliminary Q3 2020 results of Hypoport, which were analysed at today's meeting of the Management Board, show the following figures:

  • Revenue Q3 2020 up by approx. 5 per cent to approx. €95 million (Q3 2019: €91 million)
  • Revenue Q1-Q3 2020 up by approx. 15 per cent to approx. €285 million (Q1-Q3 2019: €248 million)
  • EBIT Q3 2020 down by approx. 20 per cent to approx. €7 million (Q3 2019: €9 million)
  • EBIT Q1-Q3 2020 slightly below previous year at approx. €24 million (Q1-Q3 2019: €25 million)

The lower EBIT in the third quarter compared to the same period of the previous year results mainly from the strategically planned elimination of project business in the Real estate platform and Insurance platform segments.

Hypoport will be publishing its detailed report for the third quarter 2020 as planned on Monday, 2 November 2020.

Contact

Hypoport SE

Jan H. Pahl

Investor Relations Manager

Phone: +49 (0)30 / 42086 - 1942

Mobil: +49 (0)176 / 965 125 19

Email: ir@hypoport.de

Key data on Hypoport's shares

ISIN DE0005493365

WKN 549336

Stock exchanges symbol HYQ

Management Board:

Supervisory Board:

Lübeck local court

Ronald Slabke (CEO),

Dieter Pfeiffenberger (chairman),

HRB 19859 HL

Stephan Gawarecki,

Roland Adams (vice-chairman),

VAT reg. no.: DE207938067

Martin Krebs

Website: www.hypoport.com

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Hypoport SE published this content on 21 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 October 2020 16:29:05 UTC