Intrum AB (LTS:0H9P)

kr 49.435 1 (2.06%) Market Cap: 5.87 Bil Enterprise Value: 54.47 Bil PE Ratio: 0 PB Ratio: 0.48 GF Score: 64/100

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kr255.75 (+3.65%)

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kr258.4 (-5.57%)

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kr304.1 (+1.16%)

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Q4 2020 Intrum AB Earnings Call Transcript
Jan 28, 2021

kr231.3 (-1.45%)

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kr246.3 (-1.24%)

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kr225.9 (-1.44%)

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kr285.3 (+6.63%)

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kr273 (+7.18%)

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kr265.55 (+8.37%)

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Q4 2020 Intrum AB Earnings Call Transcript

Jan 28, 2021 / 08:00AM GMT

Release Date Price: kr231.3 (-1.45%)

Transcript

Operator

Hello, and welcome to the Intrum Q4 Report 2020. Today, I'm pleased to present CEO, Anders Engdahl; and CFO, Michael Ladurner. (Operator Instructions) Please begin your meeting.

Anders Engdahl;publ;President;CEO

Intrum AB

()-&

Good morning, everyone. This is Anders Engdahl, CEO of Intrum. And with me today, I have Michael Ladurner, who I'm pleased to announce has now been appointed permanent CFO of Intrum.

I'm happy to walk you through the fourth quarter results and our comments to that. So if we turn to the presentation on Page 3. 2020 has indeed been an extraordinary year, and the first half was characterized by synchronized lockdowns across major European jurisdictions, creating a very challenging operating environment. We saw court system efficiency decline where, for example, the number of real estate auctions in Italy declined nearly 50% compared to the expected volume. And we see major sectors in the economy have been shut or went into hibernation for several months during the year.

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