Resurs Holding AB (FRA:4R6)
€ 2.032 -0.014 (-0.68%) Market Cap: 421.72 Mil Enterprise Value: 720.96 Mil PE Ratio: 0 PB Ratio: 0.62 GF Score: 49/100

Q3 2019 Resurs Holding AB (publ) Earnings Call Transcript

Oct 29, 2019 / 08:00AM GMT
Release Date Price: €5.28 (-2.58%)
Christina Jungvid Ohlsson;publ;IR Officer
Resurs Holding AB

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Welcome, everyone, to the Q3 presentation for Resurs Holdings. This year, our CEO, Kenneth; and our CFO, Peter Rosén, will present the Q3. And then we have Christina Kassberg, our Interim CFO, she is present with us today and she is going to be involved in the presentation for Q4 subsequently.

Kenneth, you have the floor.

Kenneth Nilsson;publ;President;CEO
Resurs Holding AB

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Thank you, Christina. Moving on swiftly to our Q3 report published at 8:00 this morning, and you've obviously already had a look at it. We continue to deliver strong growth in spite of some challenges in Norway, and not least our Payment Solutions part is doing very well.

As for revenue, they're not growing quite as much as the loan book, as our lending. This is mainly due to the challenges in Norway, where we see already low margins reducing even further in significant competition, which is growing more tough. We do

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