Brief: Hypoport Losses In Real Estate Platform Segment Also Impact Second Quarter And Lead To Forecast Adjustment

Hypoport SE

26/10/2023 19:11

Oct 26 (Reuters) - Hypoport Se  HYQGn.DE :
    * EQS-ADHOC: HYPOPORT SE: LOSSES IN REAL ESTATE PLATFORM
SEGMENT
ALSO IMPACT SECOND QUARTER AND LEAD TO FORECAST ADJUSTMENT
    * REVENUE Q3/23: APPROX. +3% TO EUR 88 MN (Q2/23: EUR 85 MN)
    * HYPOPORT IS REDUCING ITS REVENUE FORECAST FOR 2023
FINANCIAL
YEAR AND SPECIFYING ITS EBIT FORECAST
    * EXPECTS FY 2023 REVENUE TO DECLINE BY UP TO 25 PER CENT
YEAR-ON-YEAR AND CONSOLIDATED EBIT TO BE IN RANGE OF EUR 10-15
MILLION

Source text for Eikon:  ID:nEQ2RL6zFa 
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 ((Reuters.Briefs@thomsonreuters.com;))