Ad-hoc disclosure pursuant to section 15 of the German Securities
Trading Act (WpHG)
Hypoport raises its revenue forecast for the 2015 financial year
Berlin, 22 July 2015: The Management Board of Hypoport AG is raising the revenue forecast for the 2015 financial year.For the first half of 2015, Hypoport predicts revenue of €67.5 million (H1 2014: €53.3 million) and EBIT
of €9.1 million (H1 2014: €4.3 million). The Management Board has decided to revise the forecast for
2015 as a whole due to the Company's strong performance in the first six months and the positive expectations for business in the second half of the year:
Hypoport anticipates that its revenue for 2015 will grow at a double-digit rate. It also expects to widen its EBIT margin and, consequently, to achieve disproportionately strong earnings growth.
Hypoport will be publishing its financial results for the first half of 2015 on 3 August this year as planned.
Information on Hypoport AGAs an independent financial product distributor that runs a B2B financial marketplace, Hypoport operates successfully in two mutually reinforcing segments. It always provides the simplest access to the best financial services. Europace AG - a wholly owned Hypoport subsidiary - develops and operates EUROPACE, which is an online financial marketplace and the largest German platform offering mortgages, building finance products and personal loans. A fully integrated system links more than 300 partners - banks, insurers and financial product distributors. Several thousand users execute some 35,000 transactions per month on this platform, generating a volume of around €4 billion per 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 investment products. Dr. Klein & Co. AG has been a major financial service partner to housing companies, local authorities 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.
Contact:
Hypoport AG
Christian Würdemann Head of Group Operations Tel.: +49 (0)30 42086 1920
Email: ir@hypoport.de
www.hypoport.com
ISIN DE 0005493365
WKN 549336
Stock exchange symbol HYQ
Management Board: | Supervisory Board: | Berlin-Charlottenburg local court |
Ronald Slabke (CEO), | Dr Ottheinz Jung-Senssfelder (chairman), | HRB 74559 |
Stephan Gawarecki, | Roland Adams (deputy chairman), | VAT reg. no.: DE207938067 |
Hans Peter Trampe, Thilo Wiegand | Christian Schröder | Website: www.hypoport.com |
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