Brief: Hypoport SE Reports Q4 2022 Revenue EUR 88 Mln Vs Q4 2021 EUR 121 Mln

Hypoport SE

09/03/2023 18:37

March 9 (Reuters) - Hypoport Se  HYQGn.DE :
    * EQS-ADHOC: HYPOPORT SE: STABLE REVENUE AND MARKET-RELATED
DECLINE IN EBIT IN 2022 // PUBLICATION OF 2023 FORECAST
    * REVENUE Q4 2022: APPROX. -27% TO APPROX. EUR 88 MN (Q4
2021: EUR
121.0 MN)
    * EBIT Q4 2022: APPROX. -EUR 6 MN (Q4 2021: EUR 14.2 MN)
    * REVENUE FY 2022: APPROX. +2% TO APPROX. EUR 455 MN (FY
2021: EUR
446.4 MN)
    * EBIT FY 2022: APPROX. -48% TO APPROX. EUR 24 MN (FY 2021:
EUR
47.7 MN)
    * HYPOPORT- MAIN REASON FOR SIGNIFICANT DECLINE IN REVENUE,
EBIT
IN SECOND HALF OF YEAR WAS A SIGNIFICANT SLUMP IN PRIVATE
MORTGAGE MARKET FROM 2022
    * HYPOPORT'S MANAGEMENT BOARD EXPECTS REVENUE TO DECLINE BY
UP TO
10 PER CENT IN 2023
    * EXPECTS EBIT TO FALL BY UP TO 30 PER CENT AT GROUP LEVEL
IN 2023
    * HYPOPORT - EXPECTS TO RETURN TO DOUBLE-DIGIT PERCENTAGE
GROWTH
IN REVENUE AND EBIT IN PERIOD FOLLOWING CURRENT DYSFUNCTIONALITY
OF MORTGAGE MARKET.

Source text for Eikon:  ID:nEQ6VyQmRa 
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