2nd quarter 2010: Interhyp on growth path: Closed mortgage volume at a record high of 1.681 billion

2nd quarter 2010: Interhyp on growth path: Closed mortgage volume at a record high of 1.681 billion Euros

ID: 39338

(Thomson Reuters ONE) -
Interhyp AG / 2nd quarter 2010: Interhyp on growth path: Closed mortgage volume at a record high of 1.681 billion Euros processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement.

(Munich, 11th August 2010) Interhyp AG, Germany's largest residential mortgage
broker, continues its significant growth in the second quarter: The closed
mortgage volume grew by 26 percent to a record high of 1.681 billion Euros (Q2
2009: EUR 1.337 billion). This corresponds with 10,754 closed mortgages and
therewith a plus of 15 percent against the second quarter 2009 (9,378). Net
revenues rose by 31.6 percent to 18.9 million Euros (Q2 2009: EUR 14.4 million).
Earnings before interest and taxes (EBIT) grew to 3.9 million (Q2 2009: EUR 0.7
million), net income was at 2.5 million Euros (Q2 2009: EUR 0.5 million). The
cumulated mortgage volume for the first half of 2010 with 3.021 billion Euros
marked a record high, too.

"The results of Q2 with significant growth in all key figures back our business
model impressively: With the offerings of far more than 250 lenders on our
platform and a clear focus on our core competence mortgage consulting we have
the best chances, to use and expand our position as Germany's leading
residential mortgage broker in the long run", explains Robert Haselsteiner,
founder and Co-CEO of Interhyp AG, and adds: "As a proof, in the last quarter we
expanded our market share in new residential mortgages in Germany to 3.86
percent."


About Interhyp
With EUR 5.2 billion in new residential mortgage volume in 2009, Interhyp is
Germany's leading residential mortgage broker. Interhyp helps its costumers to
find the suitable mortgage solution among more than 250 lenders. To do this,
Interhyp combines the power of the internet with high quality mortgage advice




from its more than 250 mortgage consultants. In addition to its direct channel,
Interhyp offers face to face advice in its offices in Augsburg, Berlin,
Bielefeld, Bremen, Cologne, Dortmund, Dusseldorf, Essen, Frankfurt, Hamburg,
Hanover, Karlsruhe, Kempten, Leipzig, Mannheim, Munich, Nuremburg, Stuttgart and
Wiesbaden.

Press contact
Christian Kraus
Executive Director
Head of Communications
Telephone +49-89-20 30 7 13 01
E-Mail: christian.kraus(at)interhyp.de


[HUG#1436962]



--- End of Message ---

Interhyp AG
Marcel-Breuer-Str. 18 Munich Germany

WKN: 512170;ISIN: DE0005121701;Index:Prime All Share,CDAX,CLASSIC All Share,GEX;
Listed: Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg,
Freiverkehr in Niedersächsische Börse zu Hannover,
Prime Standard in Frankfurter Wertpapierbörse,
Regulierter Markt in Frankfurter Wertpapierbörse;





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All reproduction for further distribution is prohibited.

Source: Interhyp AG via Thomson Reuters ONE


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Bereitgestellt von Benutzer: hugin
Datum: 11.08.2010 - 08:30 Uhr
Sprache: Deutsch
News-ID 39338
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