Ad hoc: Interhyp AG: Interhyp AG: Dividend of EUR 2.10 and one-time additional payout of
EUR 2.00 per share proposed / Joerg Utecht appointed as CFO
Interhyp AG / Annual accounts, Dividend, Board of directors /
Interhyp AG: Dividend of EUR 2.10 and one-time additional payout of
EUR 2.00 per share proposed / Joerg Utecht appointed as CFO
Ad hoc announcement according to §15 WpHG processed and transmitted
by Hugin ASA. The issuer is solely responsible for the content of
this announcement.
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Munich, 24 February 2008 (Interhyp AG) Tomorrow Interhyp AG will
present its preliminary results for 2007. The volume of brokered
mortgages rose by 29 percent to EUR 5.658 billion (2006: EUR 4.403
billion), net revenues by 25 percent to EUR 75.4 million (previous
year: EUR 60.1 million) and earnings before interest and taxes (EBIT)
by 27 percent from EUR 22.4 million in 2006 to EUR 28.5 million. In
2007, net income stood at EUR 18.1 million, up 32 percent from the
previous year (EUR 13.7 million). Against this background, the
Management Board will propose to the Supervisory Board and the Annual
General Meeting a dividend of EUR 2.10 per share for the past fiscal
year. This corresponds to a payout ratio of 75 percent of the net
income of Interhyp AG. At the same time, the Management Board will
propose a one-time additional payout of EUR 2.00 per share.
Altogether, Interhyp AG will pay out EUR 26.7 million to its
shareholders.
Furthermore, the supervisory board of Interhyp AG today appointed
Joerg Utecht (34) as Chief Financial Officer. Utecht will take on
this role the latest on 1 July 2008 and will be responsible for
accounting, controlling, investor relations and legal affairs. From
Marcus Wolsdorf he will take on the finance department, from Robert
Haselsteiner the responsibility for investor relations. Therewith,
the management board of Interhyp AG will consist of the company's
founders and Co-CEOs Robert Haselsteiner and Marcus Wolsdorf as well
as of Joerg Utecht as CFO. Utecht has vast experience in investment
banking: For 10 years, most recently as Executive Director in the
European Financial Institutions Group, he has worked for JP Morgan
where he has managed a number of projects and transactions in the
European banking and financial services area.
Additional information:
ISIN: DE 0005121701
Security identification number: 512 170
Listing: official market (Prime Standard) of the Frankfurt Stock
Exchange
Registered head office of the company: Munich, Germany
Contact:
Interhyp AG
Florian Prabst
Head of Investor Relations
Parkstadt Schwabing
Marcel-Breuer-Str. 18
80807 Munich
Germany
Phone: +49 (89) 20 30 7 13 02
Fax: +49 (89) 20 30 75 13 02
E-mail: florian.prabst@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,
SDAX;
Listed: Prime Standard in Frankfurter Wertpapierbörse, Amtlicher
Markt in Frankfurter Wertpapierbörse;
