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Report on the 3rd quarter 2009: Interhyp continues positive trend / brokered mortgage volume rises to 1.409 billion Euros


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Copyright © Hugin AS 2009. All rights reserved.
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


 
--- End of Message ---

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;


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