EANS-News: Hypoport exploits challenging market conditions to generate growth
Geschrieben am 05-11-2012 |
--------------------------------------------------------------------------------
Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
--------------------------------------------------------------------------------
quarterly report
Berlin, (euro adhoc) - 5 November 2012: Hypoport continued to win
market share and increase its revenue in the first nine months of
2012. The online financial service provider raised its revenue in the
first three quarters of this year by 7 per cent compared with the
corresponding period of 2011 to EUR62.9 million (Q1-Q3 2011: EUR58.8
million). Persistently tough market conditions - especially in the
insurance sector - reduced earnings before interest, tax,
depreciation and amortisation (EBITDA) by 11 per cent year on year to
EUR6.9 million (Q1-Q3 2011: EUR7.8 million).
Ronald Slabke, Chief Executive Officer of Hypoport AG, explained the
current market environment: "Although the low interest rates and
attractive borrowing terms on offer in the real-estate market have
fuelled strong demand, our property finance business has stagnated at
a high level because real estate is in increasingly short supply.
Demand in the insurance market is suffering from the effects of
continually low interest rates and the regulation imposed by
politicians. And because the central bank has been maintaining
liquidity at artificially high levels, the commercial banks have been
offering less attractive basic investment products to consumers."
In the Private Clients business unit - which offers insurance
products, loans and investments - the challenges facing the insurance
market in particular caused revenue and earnings to fall in the
corresponding product segment. The consistently solid performance
achieved by the mortgage finance business was unable to compensate
for this. At the same time, the Hypoport Group is exploiting the
opportunities presented by these changes in the market. Slabke
stressed: "We are a growing organisation that continues to benefit
from the trend towards impartial advice. In the third quarter alone
our team of advisers grew by 25 per cent to 744 people, bucking the
general market trend."
The Institutional Clients unit continued to benefit from the
attractive interest rates on offer. Housing companies, commercial
investors and local authorities showed a keen interest in
medium-sized and big-ticket loans. This business unit reported sound
third-quarter results on the back of normal levels of intra-year
volatility. The Financial Service Providers unit continued to perform
well, with the volume of transactions processed on EUROPACE rising to
EUR22 billion and a constant stream of new partners deciding to work
with its platforms. At the same time, existing partners used its
financial marketplace more intensively and in more diverse ways.
Given the persistently tough market environment, Slabke expects that
revenue growth for 2012 as a whole will be higher than in 2011 but
that the net profit for 2012 will be lower year on year.
Further inquiry note:
Michaela Reimann
Head of Corporate Communications
Telefon: +49 (0) 30 42086 1936
E-Mail: michaela.reimann@hypoport.de
end of announcement euro adhoc
--------------------------------------------------------------------------------
company: Hypoport AG
Klosterstraße 71
D-10179 Berlin
phone: +49(0)30 42086-0
FAX: +49(0)30 42086-1999
mail: ir@hypoport.de
WWW: http://www.hypoport.de
sector: Financial & Business Services
ISIN: DE0005493365
indexes: CDAX, Prime All Share
stockmarkets: regulated dealing/prime standard: Frankfurt
language: English
Kontaktinformationen:
Leider liegen uns zu diesem Artikel keine separaten Kontaktinformationen gespeichert vor.
Am Ende der Pressemitteilung finden Sie meist die Kontaktdaten des Verfassers.
Neu! Bewerten Sie unsere Artikel in der rechten Navigationsleiste und finden
Sie außerdem den meist aufgerufenen Artikel in dieser Rubrik.
Sie suche nach weiteren Pressenachrichten?
Mehr zu diesem Thema finden Sie auf folgender Übersichtsseite. Desweiteren finden Sie dort auch Nachrichten aus anderen Genres.
http://www.bankkaufmann.com/topics.html
Weitere Informationen erhalten Sie per E-Mail unter der Adresse: info@bankkaufmann.com.
@-symbol Internet Media UG (haftungsbeschränkt)
Schulstr. 18
D-91245 Simmelsdorf
E-Mail: media(at)at-symbol.de
426853
weitere Artikel:
- EANS-Adhoc: Firstextile AG: Verlängerung der Angebotsfrist der Firstextile AG
bis zum 7. November 2012 --------------------------------------------------------------------------------
Ad-hoc-Meldung nach § 15 WpHG übermittelt durch euro adhoc mit dem Ziel
einer europaweiten Verbreitung. Für den Inhalt ist der Emittent
verantwortlich.
--------------------------------------------------------------------------------
05.11.2012
Frankfurt am Main, 5. November 2012 - Die Firstextile AG, Frankfurt
am Main, meldet, dass das Ende der im Prospekt vom 26. Oktober 2012
bekannt gemachten Angebotsfrist vom 5. November 2012 auf den 7.
November mehr...
- EANS-Adhoc: Firstextile AG: Extention of the Offer Period of Firstextile AG
until November 7, 2012 --------------------------------------------------------------------------------
ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
--------------------------------------------------------------------------------
05.11.2012
Frankfurt am Main, November 5, 2012 - Firstextile AG, Frankfurt am
Main, announces that the end of the offer period as set out in the
prospectus dated October 26, mehr...
- EANS-News: PNE WIND AG: EBIT von 24,9 Mio. Euro nach neun Monaten / Ergebnis pro
Aktie 0,48 Euro --------------------------------------------------------------------------------
Corporate News übermittelt durch euro adhoc. Für den Inhalt ist der
Emittent/Meldungsgeber verantwortlich.
--------------------------------------------------------------------------------
Quartalsbericht
Utl.: • Veräußerung der „Gode Wind“-Projekte sorgt für signifikante
Umsatz- und Ergebnisbeiträge • Prognose für die Geschäftsjahre 2011
bis 2013 mit EBIT in Höhe von kumuliert 60 bis 72 Mio. Euro bestätigt
Cuxhaven (euro adhoc) - 5. November 2012 mehr...
- EANS-News: PNE WIND AG: EBIT of EUR 24.9 million after nine months / Earnings
per share EUR 0.48 --------------------------------------------------------------------------------
Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
--------------------------------------------------------------------------------
quarterly report
Subtitle: • Sale of the “Gode Wind” projects makes significant
contributions to turnover and results • Forecast for the financial
years 2011 to 2013 confirmed: Cumulative EBIT amounting to between
EUR 60 and 72 million
Cuxhaven mehr...
- EANS-News: C-QUADRAT Investment AG / Consolidated Net Income 1-9/2012 of
C-QUADRAT Investment AG --------------------------------------------------------------------------------
Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
--------------------------------------------------------------------------------
9-month report
Vienna/Frankfurt (euro adhoc) - - Positive result despite continuing
uncertain market environment and negative one-off factors
- EUR 0.6 million net profit for the period
- Clear reduction in commission and personnel expenses
mehr...
|
|
|
Mehr zu dem Thema Finanzen
Der meistgelesene Artikel zu dem Thema:
Century Casinos wurde in Russell 2000 Index aufgenommen
durchschnittliche Punktzahl: 0 Stimmen: 0
|