Inside information pursuant to article 17 of the Market Abuse Regulation (MAR)
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