Hypoport SE (HYPOF) Q3 2024 Earnings Conference Call Transcript

Hypoport SE (OTCPK:HYPOF) Q3 2024 Earnings Conference Call November 11, 2024 11:00 AM ET

Company Participants

Jan Pahl – Head of IR
Ronald Slabke – CEO

Conference Call Participants

Jan Pahl

Hi, everyone, and welcome to the Hypoport Q3 results. This webcast will be recorded in a few minutes or a few seconds.

I’m here with Ronald Slabke, our CEO today. I now may hand over to Ronald for his presentation. After his presentation, we will have a short Q&A session, and I will be happy to introduce you to the Q&A session after Ronald’s words. Ronald, the stage is yours, and we are now recording.

Ronald Slabke

Yes. Hello, everyone. So new technique, this visual experience for you as well, I hope you like it. Give us a feedback later.

So we are presenting our Q3 numbers today, and I’m sure you dig already deeper. So let’s just get started. You’re aware of this solid numbers for the first nine months. There’s slightly different development in our core business around private mortgage business, the other finances and insurance. So as usual, we will dig deep into each of these three segments.

Real estate mortgage, our core business is in the private mortgage world and surrounding areas, something which is linked to the German housing market. When we talk about this and we talk about this segment, we always have to remind you that housing is something very special, essential and especially in Germany. In general, everything is fine. We have a net migration to Germany thanks to a huge demand for skilled labor.

We have the usual trigger events here in Germany. People consider to buy something in the moment when they plan to get children or divorce. So everything from a general perspective on track. What is special and what is