Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Xetra  >  Hypoport AG    HYQ   DE0005493365

Delayed Quote. Delayed  - 08/24 05:35:33 pm
83.76 EUR   -0.85%
06/10 HYPOPORT : InsurTech to Acquire 100% Stake in NKK Programm Service
03/22HYPOPORT AG : annual earnings release
03/09 HYPOPORT : Download PDFOfficial notice pursuant to Article 4 (2) of ..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Hypoport AG : EUROPACE achieves a new record of €8.6 billion in the third quarter of 2013

share with twitter share with LinkedIn share with facebook
share via e-mail
0
10/16/2013 | 09:24am CEST

Press release

Volume of transactions in the first nine months of 2013 EUROPACE achieves a new record of €8.6 billion in the third quarter of 2013 Berlin, 16 October 2013: The volume of transactions processed on the EUROPACE financial marketplace in the first nine months of 2013 grew by 11.4 per cent compared with the corresponding period of 2012. This impressive result was attributable to EUROPACE's solid start to the year coupled with its performance in the second quarter and, especially, the third quarter. Its volume of transactions from July to September 2013 expanded by 19.3 per cent compared with the third quarter of 2012. The mortgage finance and personal loans product segments increased by 18.3 per cent and 18.8 per cent respectively during this period, while building finance generated the strongest growth, advancing by 24 per cent.

The volume of transactions processed on this marketplace for financial products topped €8 billion for the second consecutive quarter. "The rise in interest rates that started in May continued until mid- September and underpinned demand from prospective mortgage finance customers," explained Thilo Wiegand, the Chief Executive Officer of Europace AG, adding that these impressive figures were attributable to EUROPACE's stronger partner base as well as the economic recovery and rising real wages.

Performance of the EUROPACE platform in the first nine months of 2013

The total volume of transactions generated across all product segments in the first three quarters of
2013 grew by 11.4 per cent year on year to €24.28 billion (Q1-Q3 2012: €21.8 billion). At €18.8 billion, mortgage finance accounted for the largest share of EUROPACE's aggregate business volume; this represented a year-on-year increase of 9.4 per cent (Q1-Q3 2012: €17.14 billion). The volume of transactions in personal loans expanded by 17.8 per cent to €1.01 billion (Q1-Q3 2012: €865 million). Building finance posted the sharpest rise, advancing by 18.4 per cent year on year to €4.49 billion (Q1-Q3 2012: €3.8 billion). The strong growth in this business line resulted from the attractive terms and conditions available on building finance products. "Nowadays it often makes more financial sense to take out an annuity loan followed by a building finance agreement than it does to take out a long- term fixed-interest loan or a full-repayment product," explained Wiegand.

Management Board:

Supervisory Board:

Berlin-Charlottenburg local court

Thilo Wiegand (chairman)

Ronald Slabke (chairman)

HRB 136078 B


Information on Europace AG

Europace AG and its associated companies manage the internet-based financial marketplace EUROPACE. EUROPACE is the largest German transaction platform offering mortgages, Bauspar products and personal loans. A fully integrated system links over 200 partners, including banks, insurance and financial product distributors. Several thousand users execute over 20.000 transactions on EUROPACE every month, worth an annual volume of about 30 billon €. EUROPACE is certified by TÜV Datenschutzgutachten. Europace AG is a wholly owned subsidiary of Hypoport AG which is listed in the Prime Standard of Frankfurt Stock Exchange.

Contact Europace AG Michaela Reimann

Head of Corporate Communications

Tel.: +49 (0)30 42086 1936

Fax: +49 (0)30 42086 1999

Mobile: +49 (0)151 5804 1936

Email: michaela.reimann@europace.de

Website: www.europace.de

Twitter: www.twitter.com/EUROPACE

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on HYPOPORT AG
08/03 DGAP-PVR : Hypoport AG: Release according to Article 26, Section 1 of the WpHG ..
08/03 DGAP-PVR : Hypoport AG: Veröffentlichung gemäß § 26 Abs. 1 WpHG mit dem Ziel der..
08/01 DGAP-NEWS : Hypoport mit besten Halbjahreszahlen seiner Geschichte
08/01 DGAP-NEWS : Hypoport reports the best half-year results in its history
07/15 DGAP-NEWS : Hypoport AG: EUROPACE Transaction volume picks up at the end of the ..
07/15 DGAP-NEWS : Hypoport AG: EUROPACE Transaktionsvolumen nimmt zu Quartalsende Fahr..
07/15 DGAP-ADHOC : Hypoport AG Halbjahreszahlen: Ertrag deutlich über Vorjahr
07/15 DGAP-ADHOC : Hypoport AG Half-year results: sharp year-on-year rise in earnings
06/28 DGAP-NEWS : Hypoport AG: Brexit - demand for property will continue to rise
06/28 DGAP-NEWS : Hypoport AG: Brexit - Nachfrage nach Immobilien wird weiter steigen
More news
Sector news : Consumer Lending - NEC
08/11DJDerwent London Says Brexit May Slow Letting; Lowers Guidance -- Update
08/09DJMARKET SNAPSHOT : Stocks Turn Negative, Led By Energy Losses As Oil Slumps
08/09DJMARKET SNAPSHOT : Stocks Carve Out Record Intraday Highs As Consumer Staples Ris..
08/08DJWells Fargo Offers Free FICO Scores to More Borrowers
08/08DJWells Fargo Offering Free FICO Scores to More Borrowers
More sector news : Consumer Lending - NEC
Advertisement
Financials (€)
Sales 2016 156 M
EBIT 2016 24,6 M
Net income 2016 19,4 M
Debt 2016 -
Yield 2016 -
P/E ratio 2016 26,73
P/E ratio 2017 22,85
Capi. / Sales 2016 3,35x
Capi. / Sales 2017 3,01x
Capitalization 523 M
More Financials
Chart HYPOPORT AG
Duration : Period :
Hypoport AG Technical Analysis Chart | HYQ | DE0005493365 | 4-Traders
Full-screen chart
Technical analysis trends HYPOPORT AG
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 3
Average target price 96,3 €
Spread / Average Target 14%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Ronald Slabke Chairman-Management Board
Ottheinz Jung-Senssfelder Chairman-Supervisory Board
Christian Würdemann Head-Operations
Christian Schröder Member-Supervisory Board
Roland Adams Vice Chairman-Supervisory Board
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
HYPOPORT AG4.35%591
DISCOVER FINANCIAL SER..8.30%23 439
SYNCHRONY FINANCIAL-10.29%22 749
ALLY FINANCIAL INC4.99%9 465
ACOM CO., LTD.-10.09%8 156
BAJAJ FINANCE LTD68.91%8 061
More Results