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BRIEF-Hypoport sees FY 2016 double-digit growth in revenue and earnings
March 3, 2017 / 7:01 AM / 7 months ago

BRIEF-Hypoport sees FY 2016 double-digit growth in revenue and earnings

March 3 (Reuters) - Hypoport AG:

* Said on Thursday group’s preliminary results for 2016 confirm double-digit growth in revenue and earnings, marking a significant increase on the prior-year figures

* For 2016, Hypoport expects consolidated revenue of presumably 155 million euros ($163.14 million) (2015: 139 million euros) and earnings before interest and tax (EBIT) of presumably 23 million euros (2015: 19 million euros)

* This equates to an EBIT increase of presumably 21 percent, another exceptionally sharp rise; unusually strong fourth quarter played a major role in this significant growth

* Overall, the Group easily met its forecast for 2016 of revenue and earnings growth of just into double figures

Source text for Eikon:

Further company coverage: ($1 = 0.9501 euros) (Gdynia Newsroom)

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