Brief: B2holding Q3 Operating Profit Falls To NOK 369 Million

B2 Impact ASA

03/11/2020 06:03

Nov 3 (Reuters) - B2holding ASA  B2H.OL :
    * B2HOLDING ASA: THIRD QUARTER 2020 RESULTS
    * Q3 GROSS COLLECTION OF NOK 1,636 MILLION (1,448) - UP 13%
Y-O-Y
    * Q3 OPERATING PROFIT OF NOK 369 MILLION (387)
    * EXPECTS THAT INVESTMENT LEVELS WILL REMAIN MODEST IN Q4
WITH
PRIMARILY FORWARD FLOW PURCHASES IN NORTHERN EUROPE AND POLAND
    * IS OBSERVING SOME EARLY SIGNALS OF DECREASING PRICES IN
NPL
MARKET AND EXPECT INCREASING VOLUMES IN FIRST HALF OF 2021
    * CEO: Q3 SHOWED BETTER PERFORMANCE THAN EXPECTED

Source text for Eikon:  ID:nObixTltTa 
Further company coverage:  B2H.OL 

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