Brief: Hypoport FY EBIT Down 48% To EUR 25 MLN

Hypoport SE

13/03/2023 06:16

March 13 (Reuters) - HYPOPORT SE  HYQGn.DE :
    * CONSOLIDATED REVENUE EDGES UP BY 2 PER CENT TO EUR 455
MILLION
IN 2022
    * WE STILL EXPECT A DECLINE IN TURNOVER OF UP TO 10 PERCENT
AND A
DECLINE IN EBIT OF UP TO 30 PERCENT FOR FULL YEAR 2023
    * WE EXPECT DOUBLE-DIGIT PERCENTAGE GROWTH IN TURNOVER AND
EBIT
AGAIN FROM 2024 ONWARDS
    * COST REDUCTION PLANNED FOR 2023 AMOUNTS TO EUR 35 TO 40
MILLION
    * MARKET-DRIVEN FALL IN EBIT OF 48 PER CENT TO EUR 25
MILLION

Source text for Eikon:  ID:nEQ8hKjpva 
Further company coverage:  HYQGn.DE 

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