Brief: Hypoport SE Reports Q3 Revenue Eur 105 Mln, Down By 6 %

Hypoport SE

25/10/2022 18:49

Oct 25 (Reuters) - Hypoport Se  HYQGn.DE :
    * EQS-ADHOC: HYPOPORT SE: HYPOPORT Q3 2022: REVENUE DOWN BY
6 PER
CENT TO €105 MILLION AND EBIT DECREASE TO €0.5 MILLION
    * 9 MONTH EBIT : -7 PER CENT TO EUR 31 MILLION (9M 2021: EUR
33.4
MILLION)
    * 9 MONTH REVENUE INCREASED 13 PER CENT TO EUR 367 MILLION
    * HYPOPORT-BOARD TO ADJUST LEVEL OF COSTS TO CURRENT WEAK
MARKET
IN PRIVATE & INSTITUTIONAL MORTGAGE FINANCE, CORPORATE FINANCE
BUSINESS UNIT
    * RESULTS OF THIS COST REDUCTION WILL NOT YET IMPACT Q3 2022
RESULTS BUT WILL TAKE EFFECT FROM Q1 2023

Source text for Eikon:  ID:nEQ9C3V40a 
Further company coverage:  HYQGn.DE 
 ((Reuters.Briefs@thomsonreuters.com;))