Presentation of Intrum’s results for January-September 2018
The interim results for January-September 2018 was announced on 26 October 2018 at 7:00 a.m. CET. The report was presented at UBS, 5 Broadgate, London, in a webcast at 9:00 a.m. CET the same day.
Mikael Ericson, President & CEO, and Danko Maras, CFO, presented the results and answered questions. The conference was held in English.
Comment by President & CEO Mikael Ericson
“We are maintaining our momentum and achieved 10 percent growth in EBIT adjusted for the third quarter. The strength of a well-balanced business model and regional diversification enables us to offset the short-term headwind that we face in Spain, with strong results from other regions. We have grown for the third consecutive quarter, achieving 13 percent adjusted EBIT growth to date this year. Our strategy delivers”.
“We are in the middle of an intensive period for Portfolio Investments and opportunities in Credit Management, and we expect to sign several interesting contracts in the upcoming months. Our solid financial position, together with an increased focus on the Credit Management operations, will enable us to deliver on our 2020 goals of long-term growth, favorable returns, decreased debt and higher earnings per share”.
President & CEO Mikael Ericson interviewed by Louise Bergström, Head of Investor Relations, about the interim results for January-September 2018.