Intrum AB (OTCPK:ITJTY)
$ 4.9 0.08 (1.66%) Market Cap: 590.94 Mil Enterprise Value: 5.56 Bil PE Ratio: 0 PB Ratio: 0.47 GF Score: 72/100

Q1 2023 Intrum AB Earnings Call Transcript

Apr 27, 2023 / 07:00AM GMT
Release Date Price: $9.4 (-12.88%)
Operator

Welcome to the Intrum Q1 2023 report presentation. (Operator Instructions).

Now I will hand the conference over to CEO, Andres Rubio; and CFO, Michael Ladurner. Please go ahead.

Andres Rubio;publ;President
Intrum AB;CEO & Director

()- -

Good morning, everyone. This is Andres Rubio. As the operator indicated, I'm the CEO of Intrum. And I'm here with Michael Ladurner, our Chief Financial Officer. Thank you for taking the time to listen to this review of our financial results for the first quarter of 2023. We are conducting this call from our corporate headquarters in Stockholm, Sweden.

I wanted to start, and if we can go to the next page please, Page 3 with an overview of the performance during the quarter, but initially, I wanted to talk about my impressions. The first quarter, in my opinion, was not a good quarter and is a very clear indication of the external and internal challenges we face as a business. Revenue increased and then our selected top line and fundamental positives related to both

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