EQS-News: Hypoport proves robust amid sluggish market conditions in 2023 and is preparing for future growth
Berlin, 11 March 2024: According to preliminary results, the Hypoport Group’s revenue declined by 21 per cent to €360 million in 2023.
- Berlin, 11 March 2024: According to preliminary results, the Hypoport Group’s revenue declined by 21 per cent to €360 million in 2023.
- Although market conditions eased, they remained very challenging, causing the Hypoport Group’s EBIT to fall to €13 million (2022: €25 million).
- This figure included various positive and negative one-off items that had a net positive effect on EBIT of around €12 million.
- Unclear political pronouncements about energy-efficiency requirements and insufficiently ambitious support programmes held back the completion of purchases in the market for existing properties.