Dusseldorf After a miserable day for German real estate shares due to LEG’s dividend freeze, the financial service provider Hypoport also published bad figures in the evening. The S-Dax company, which includes the construction financing broker and the financing platform Europace, expects difficult times in the current year after a decline in business in the fourth quarter.
As the company announced, sales are likely to fall by up to ten percent in 2023. In terms of earnings before interest and taxes (EBIT), Hypoport even expects a drop of up to 30 percent. As already announced in the Handelsblatt interview with Ronald Slabke, the company dares to make a forecast again, but with little optimism.
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