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

Q4 2023 Intrum AB Earnings Call Transcript

Jan 25, 2024 / 08:00AM GMT
Release Date Price: $6.45
Andries Rubio Intrum AB;publ;President;CEO

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Good morning, everyone, and welcome to the presentation regarding the results for the fourth quarter of December fourth quarter ended December 2023. I'm here in Stockholm with Anders Blomqvist, our interim CFO who came in December, and also Emil Folkesson who is the head of the CFO, office and Investor Relations Director.

Before I get into the details of the presentation. I just wanted to give a little bit of an overview from my perspective. As to the quarter, I think that the fourth quarter and also the conclusion of '23 was a very strong end to what was a challenging and transitory year despite a very difficult comparison with a very strong '22 and particularly Q4 '22 and also the overall economic backdrop and difficulty in collectability, which I'll get into more detail later in the fourth quarter.

We had a very positive result and it shows the strength and resilience of our business and also the drivers of our business. At the top line with that growth driven by acquisitions, but also organic

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