Preliminary figures 2009: Interhyp brokered 36,040 mortgages with a volume of 5.2 billion Euros
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Interhyp AG / Preliminary figures 2009: Interhyp brokered 36,040 mortgages with a volume of 5.2 billion Euros processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement.
Press Release: preliminary figures 2009
2009 Interhyp brokered 36,040 mortgages with a volume of 5.2 billion Euros
Extension of mortgage offerings: Interhyp offers access to over 250 mortgage
lenders
(Munich, 17th February 2010) Interhyp AG, Germany's largest residential mortgage
broker, held steady in a continuously difficult environment for residential
mortgages and closed 2009 with a clear profit: In total Interhyp brokered
36,040 mortgages (2008: 38,908). The closed mortgage volume therewith came to
5.2 billion Euros (2008: EUR 5.9 billion). Net revenues were at 56.5 million
Euros (2008: EUR 73.2 million). Earnings before interest and taxes (EBIT)
reached 2.3 million Euros (2008: EUR 12.5 million); net income was at 1.8
million Euros (2008: EUR 8.0 million).
"Although we saw a very strong consumer demand, due to the consequences of the
financial crisis we had to accept a decline in our brokered volume and,
subsequently, in net revenues and EBIT", explains Robert Haselsteiner, fonder
and Co-CEO at Interhyp AG, the environment and adds: "Formerly aggressive
platform banks were very cautious in 2009 while traditional and especially
smaller regional and local banks showed strong appetite for residential
mortgages. We were able to address these market changes consistently and now
offer our customers access to the offerings of over 250 lenders. This effort
once more shows the structural strength of our business model".
About Interhyp
With EUR 5.2 billion in new residential mortgage volume in 2009, Interhyp is
Germany's leading residential mortgage broker. Interhyp combines the power of
the Internet with high quality mortgage advice. More than 250 mortgage
consultants can choose among the products of over 250 mortgage lenders to
provide borrowers with the ideal mortgage solutions at competitive rates. In
addition to its direct channels, Interhyp offers face to face advice in its
locations in Augsburg, Bayreuth, Berlin, Bielefeld, Bocholt, Bremen, Chemnitz,
Cologne, Dortmund, Dusseldorf, Essen, Frankfurt, Hamburg, Hanover, Karlsruhe,
Leipzig, Mannheim, Munich, Nuremburg, Stuttgart and Wiesbaden.
Press contact
Christian Kraus
Executive Director Corporate Communications
Telephone +49 89 20 30 7 13 01
E-Mail: christian.kraus(at)interhyp.de
[HUG#1385219]
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Interhyp AG
Marcel-Breuer-Str. 18 Munich Germany
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Datum: 17.02.2010 - 02:38 Uhr
Sprache: Deutsch
News-ID 1010506
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