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INTRUM — Intrum AB News Story

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Sweden's Intrum Q4 External Servicing income rises organically

Overview

Sweden-based credit management firm's Q4 External Servicing income grew organically despite FX headwinds

Company recognized SEK 2,942 mln goodwill impairment in Q4

Leverage ratio improved to 4.8x from 5.3x yr/yr

Outlook

Company expects leverage improvement from joint venture stake divestment

Intrum aims to accelerate as European leader in credit management services

Result Drivers

EXTERNAL SERVICING GROWTH - Organic growth in External Servicing income for the second consecutive quarter, despite FX headwinds

STRONG COLLECTIONS - Investing delivered strong collections and new investments at attractive margins

LEVERAGE IMPROVEMENT - Leverage ratio improved to 4.8x from 5.3x yr/yr due to strategic focus on deleveraging

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 Adjusted EBITDASEK 2.41 bln
Q4 Adjusted EBITSEK 1.63 bln
Analyst Coverage The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell" The average consensus recommendation for the corporate financial services peer group is "buy." Wall Street's median 12-month price target for Intrum AB is SEK46.50, about 11.1% below its January 28 closing price of SEK52.30 Press Release: ID:nMFN8bZqMy For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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