HYPOPORT


Associated tags: Insurance, Workforce

Locations: BERLIN, DEUTSCHLAND

EQS-News: Hypoport proves robust amid sluggish market conditions in 2023 and is preparing for future growth

Retrieved on: 
Wednesday, March 13, 2024

Berlin, 11 March 2024: According to preliminary results, the Hypoport Group’s revenue declined by 21 per cent to €360 million in 2023.

Key Points: 
  • 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.

Hypoport acquires remaining shares in ePension and E&P

Retrieved on: 
Tuesday, January 30, 2024

Berlin, 18 January 2024: On 31 December 2023, on the basis of a prior agreement, Hypoport acquired the remaining shares in the companies ePension GmbH & Co. KG and E&P Pensionsmanagement GmbH.

Key Points: 
  • Berlin, 18 January 2024: On 31 December 2023, on the basis of a prior agreement, Hypoport acquired the remaining shares in the companies ePension GmbH & Co. KG and E&P Pensionsmanagement GmbH.
  • The Hypoport Group has held a majority interest in these two companies since 2020.
  • As agreed in 2020, it has now acquired all of the remaining shares from Dr Edgar Eschbach, who founded the firms.
  • As a key component of our insurance platform, ePension is the perfect complement to our digital portfolio covering the entire insurance landscape in Germany.”

EQS-News: Hypoport SE: volume of mortgage finance transactions continues to rise

Retrieved on: 
Tuesday, January 30, 2024

Berlin, 22 January 2024: The volume of mortgage finance transactions on Europace was higher in the fourth quarter of 2023 than in the corresponding quarter of 2022, as was the volume of personal loans.

Key Points: 
  • Berlin, 22 January 2024: The volume of mortgage finance transactions on Europace was higher in the fourth quarter of 2023 than in the corresponding quarter of 2022, as was the volume of personal loans.
  • Overall, the total volume of transactions on Europace saw the first year-on-year quarterly increase since the start of the crisis in the mortgage finance market.
  • The volume of new mortgage finance brokered by Dr. Klein stood at €1.3 billion in the fourth quarter of 2023, which was up by 10 per cent compared with the fourth quarter of 2022.
  • Consequently, 2024 is predicted to be a year of growth and thus of further normalisation for the mortgage finance market.”

EQS-News: Hypoport sees a slight rise in revenue and maintains cost discipline amid sluggish market conditions

Retrieved on: 
Saturday, December 30, 2023

Berlin, 13 November 2023: In the third quarter of this year, the Hypoport Group’s revenue and earnings increased slightly compared with the second quarter of 2023.

Key Points: 
  • Berlin, 13 November 2023: In the third quarter of this year, the Hypoport Group’s revenue and earnings increased slightly compared with the second quarter of 2023.
  • In particular, the mortgage finance and insurance industry business models generated increases in revenue and higher contributions to earnings.
  • The volume of transactions* on Europace grew slightly, by 7 per cent, to €17 billion against the backdrop of normalising but muted conditions in the overall mortgage finance market.
  • As a result, the segment’s revenue increased by just 1 per cent compared with the second quarter of 2023 to reach €38 million.

EQS-News: Hypoport redefines the Group’s market segments

Retrieved on: 
Monday, December 25, 2023

Berlin, 15 December 2023: Hypoport SE is reorganising the segment structure at Group level at the end of the year.

Key Points: 
  • Berlin, 15 December 2023: Hypoport SE is reorganising the segment structure at Group level at the end of the year.
  • As a result, the number of segments in the Group will be reduced from four to three.
  • This will allow the organisation to leverage synergies in its markets even more effectively and to enhance the agility of the Hypoport Group.
  • Each of the three operating segments will be led by a dedicated management team staffed with experienced employees from the Hypoport network.