Q2 2019 Intrum AB Earnings Call Transcript
Ladies and gentlemen, welcome to the Intrum Q2 2019 Call. Today, I am pleased to present CEO, Mikael Ericson; and CFO, Anders Engdahl. (Operator Instructions) Speakers, please begin.
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Well, good morning, and welcome then to the presentation of the second quarter results in 2019. I'm Mikael Ericson, the CEO of Intrum; and with me today is Anders Engdahl, our CFO. I will start by giving you some highlights of the quarter. Anders will take you through the details. And at the end of the presentation, we will have a quick view of our short-term priorities.
We expect the presentation to take 30 minutes and I believe 30 minutes for Q&A. But to warm up, let me give you some comments on the market and, of course, Intrum in that context.
So Slide #2, please. In general, we see continued strong market in the first half of 2019. In Europe, the bank's balance sheets consist of approximately 4% nonperforming compared to equivalent 1% in the U.S., and
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