Brief: Hypoport EBIT FY 2023 Approx. EUR 13 Mn (FY 2022 EUR 25 Mn)

Hypoport SE

06/03/2024 12:57

March 6 (Reuters) - HYPOPORT SE  HYQGn.DE :
    * MARKET-RELATED DECLINE IN REVENUE AND EBIT IN 2023 //
PUBLICATION OF 2024 FORECAST
    * REVENUE FY 2023: -21% TO EUR 360 MN (FY 2022: EUR 455 MN)
    * ANTICIPATES 2024 DOUBLE-DIGIT PERCENTAGE INCREASE IN
CONSOLIDATED REVENUE TO AT LEAST EUR 400 MILLION AND EBIT OF
BETWEEN EUR 10 MILLION AND EUR 20 MILLION FOR HYPOPORT GROUP AS
A WHOLE
    * EBIT FY 2023: APPROX. -45% TO APPROX. EUR 13 MN (FY 2022:
EUR 25
MN)
    * REVENUE Q4 2023: +5% TO EUR 93 MN (Q4 2022: EUR 88 MN)
    * SAYS EBIT Q4 2023: +EUR 16 MN (Q4 2022: -EUR 6 MN)
    * EBIT Q4 2023: +EUR 16 MN (Q4 2022: -EUR 6 MN)
    * FOR 2024, MANAGEMENT BOARD OF HYPOPORT ANTICIPATES A
DOUBLE-DIGIT PERCENTAGE INCREASE IN CONSOLIDATED REVENUE TO AT
LEAST EUR 400 MILLION AND EBIT OF BETWEEN EUR 10 MILLION AND EUR
20 MILLION FOR HYPOPORT GROUP AS A WHOLE
    * MAIN REASON FOR SIGNIFICANT DECLINE IN REVENUE AND EBIT IN
FISCAL YEAR 2023 WAS A SIGNIFICANT SLUMP IN PRIVATE MORTGAGE
MARKET

Source text for Eikon:  ID:nEQq1Wba 
Further company coverage:  HYQGn.DE 

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