Hypoport SE
Hypoport AG Half-year results: sharp year-on-year rise in earnings
Hypoport AG / Key word(s): Forecast 15.07.2016 16:23 Disclosure of an inside information according to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Disclosure of an inside information according to Article 17 MAR Half-year results: sharp year-on-year rise in earnings Berlin, 15 July 2016: The Group's preliminary results were analysed at today's meeting of the Hypoport AG Management Board, with some of the KPIs again significantly higher than in the prior-year period. For the first half of 2016, Hypoport predicts revenue of approx. EUR73 million (H1 2015: EUR67.5 million) and earnings before interest and tax (EBIT) of approx. EUR11 million. EBIT therefore rose exceptionally strongly, increasing by approx. 20 per cent year on year (H1 2015: EUR9.1 million). Hypoport will be publishing its financial results for the first half of 2016 on 1 August this year as planned. About Hypoport AG The Hypoport Group is a technology-based financial service provider. The business model is based on its three mutually supporting business units: Private Clients, Financial Service Providers, and Institutional Clients. All three units are engaged in the distribution of financial services, facilitated or supported by finance-technology ('fintech'). As a wholly-owned subsidiary of Hypoport, Europace AG develops and operates the web-based EUROPACE financial marketplace, which is Germany's largest platform for mortgages, building finance products and personal loans. A fully integrated system links more than 350 partners - banks, insurers and financial product distributors. Several thousand users execute some 35.000 transactions worth a total of up to EUR4 billion on EUROPACE every 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 retirement planning. Dr. Klein & Co. AG has been a major financial service partner to housing companies 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. At the end of 2015 Hypoport was admitted to the SDAX. Contact: Michaela Reimann Head of Group Communications Tel: +49 (0)30 42086 1936 Fax: +49 (0) 30 / 42086-1999 Email: ir@hypoport.de www.hypoport.com Hypoport AG Klosterstraße 71 D-10179 Berlin 15.07.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de --------------------------------------------------------------------------- Language: English Company: Hypoport AG Klosterstraße 71 10179 Berlin Germany Phone: +49/30 42086-0 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, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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