2009-11-11 09:08:04 -
London, November , 11, 2009
Corporate news announcement processed and transmitted by Hugin AS.
The issuer is solely responsible for the content of this
announcement.
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(Munich, November 11th 2009) Interhyp AG, Germany's largest
distributor of residential mortgages, continues to see a stable
business in the third quarter of 2009: The brokered mortgage volume
grew by 5.4 percent to 1.409 billion Euros (Q2 2009: EUR 1.337
billion). This corresponds to a growth to 9,595 closed residential
mortgages (Q2 2009: 9,378). Net revenues were flat at 14.4 million
Euros. Earnings before interest and taxes (EBIT) reached 0.5 million
Euros (Q2 2009: EUR 0.7 million). Therewith, even in a continuously
difficult environment with a net income of 0.5 million Euros Interhyp
remains clearly profitable (Q2 2009: EUR 0.6 million).
"The fact that we could grow the brokered mortgage volume in Q3
again, proofs once more how well we are strategically positioned:
With our excellent quality advice, a vast choice of mortgage
solutions from more than 150 lenders and the presence in our regional
offices we offer our customers a strong added value - especially over
the single product offering of many traditional high street banks",
says Robert Haselsteiner, Co-CEO of Interhyp AG.
Aiming to clearly position itself for further growth, Interhyp will
promote the business unit managers Mirjam Mohr and Benjamin Papo to
deputy members of the management board as of January 1st 2010.
About Interhyp
With EUR 5.9 billion in new residential mortgage volume in 2008,
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
more than 150 mortgage lenders. In addition to its direct channel,
Interhyp offers face to face advice in its regional offices in
Augsburg, Berlin, Bielefeld, Bremen, Cologne, Dortmund, Dusseldorf,
Essen, Frankfurt, Hamburg, Hanover, Karlsruhe, Leipzig, Mannheim,
Munich, Nuremburg, Stuttgart and Wiesbaden.
Press contact
Christian Kraus, Head of Corporate Communications, Telephone +49 89
20 30 7 13 01,
E-Mail: christian.kraus@interhyp.de
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Interhyp AG
Marcel-Breuer-Str. 18 Munich Germany
WKN: 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;