EQS-Adhoc: Hypoport SE: Double-digit percentage growth in revenue and significant increase in EBIT in the second quarter of 2024

EQS-Ad-hoc: Hypoport SE / Key word(s): Half Year Results/Preliminary Results
Hypoport SE: Double-digit percentage growth in revenue and significant increase in EBIT in the second quarter of 2024

23-Jul-2024 / 11:21 CET/CEST
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Inside information pursuant to article 17 of the Market Abuse Regulation (MAR)

 

Hypoport SE: Double-digit percentage growth in revenue and significant increase in EBIT in the second quarter of 2024

 

Berlin, 23 July 2024: At today's Management Board meeting, Hypoport’s preliminary business figures for the second quarter of 2024 were evaluated. On this basis, the Hypoport Management Board expects the following results:

 

 

Revenue Q2/24: +30% to €111 mn (Q2/23: € 85 mn) EBIT Q2/24: approx. €3.6 mn (Q2/23: € -2.5 mn)

 

Revenue H1/24: +22% to €218 mn (H1//23: €179 mn) EBIT H1/24: approx. €7,9 mn (H1/23: € -1.7 mn)

 

 

 

The main reason for the Group's increase in revenue and EBIT in first half of 2024 was a significant improvement in business development in private mortgage finance (Real Estate Mortgage Platforms segment) compared to the previous year.

 

As announced, Hypoport will publish its final detailed half-year results on Monday, 12 August 2024.

 

 

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

23-Jul-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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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: 1952173
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1952173  23-Jul-2024 CET/CEST