Report on the 2nd quarter 2009: Interhyp's brokered mortgage volume
reaches 1.337 billion Euros
(Thomson Reuters ONE) - Corporate news announcement processed and transmitted by Hugin AS.The issuer is solely responsible for the content of this announcement. ------------------------------------------------------------------------------------ (Munich, August 12th 2009) Interhyp AG, Germany's largest distributorof residential mortgages, rose the brokered mortgage volume againstthe first quarter 2009 by 20 percent to 1.337 billion Euros (Q1 2009:EUR 1.116 billion). This corresponds to 9,378 closed residentialmortgages (Q1 2009: 8,015). Net revenues grew to 14.4 million Euros(Q1 2009: EUR 13.3 million) and earnings before interest and taxes(EBIT) reached 0.7 million Euros (Q1 2009: EUR 0.2 million). Netincome was at 0.6 million Euros (Q1 2009: EUR 0.3 million)."Although we could not yet reach last year's levels, the results inthe second quarter show a strong momentum and proof the strength ofour business model: In the last months we could increase the numberof partners on our open product platform by more than 100 banks.Therewith, also in a difficult environment we offer our customers aneven broader choice at best rates", comments Robert Haselsteiner,founder and Co-CEO of Interhyp AG, on the results.About InterhypWith EUR 5.9 billion in new residential mortgage volume in 2008,Interhyp is Germany's leading residential mortgage broker. Interhypcombines the power of the Internet with high quality mortgage advice.More than 250 mortgage consultants can choose independently among theproducts of more than 150 mortgage lenders to provide borrowers withrates that are significantly below those of traditional branch-basedretail banks. In addition to its direct channel, Interhyp offers faceto face advice in its offices in Augsburg, Berlin, Bielefeld, Bremen,Cologne, Dortmund, Dusseldorf, Essen, Frankfurt, Hamburg, Hanover,Karlsruhe, Leipzig, Mannheim, Munich, Nuremburg, Stuttgart andWiesbaden.Press contactChristian Kraus, SVP Corporate Communications, Telephone +49 89 20 307 13 01,E-Mail: christian.kraus(at)interhyp.de --- End of Message ---Interhyp AGMarcel-Breuer-Str. 18 Munich GermanyWKN: 512170; ISIN: DE0005121701; Index: CDAX, CLASSIC All Share, Prime All Share, GEX;Listed: Prime Standard in Frankfurter Wertpapierbörse, Regulierter Markt in Frankfurter Wertpapierbörse, Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg, Freiverkehr in Niedersächsische Börse zu Hannover;
Datum: 12.08.2009 - 08:30 Uhr
Sprache: Deutsch
News-ID 4616
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