Resurs Holding AB (LTS:0RFP)
kr 23.67 0.11 (0.47%) Market Cap: 4.72 Bil Enterprise Value: 8.12 Bil PE Ratio: 0 PB Ratio: 0.62 GF Score: 66/100
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Q1 2024 Resurs Holding AB (publ) Earnings Call Transcript

Apr 25, 2024 / 07:00AM GMT
Release Date Price: kr14.4 (-10.39%)
Operator

Welcome to Resurs Holding Q1 report 2024. (Operator Instructions)

Now I will hand the conference over to CEO, Magnus Fredin; and, CFO Sofie Tarring Lindell. Please go ahead.

Magnus Fredin;publ;Chief Executive Officer
Resurs Holding AB

()-

Good morning and welcome to our Q1 earnings call for Resurs. I'm Magnus Fredin. I'm the CEO, and together with our CFO, Sofie Tarring Lindell, we will take you through the performance during Q1.

So if we start with the summary, we see loan book increases with 2% compared to previous years and 6% versus last year. And it's primarily driven by payment solution that is up 16% versus Q1 2023. This is an important growth engine for us, and we're doing quite well.

Q1 operating income rose by 3% compared to the previous years. And we are very happy to see that the MBMIMIMBI. margin is stabilized after a few quarters where we've seen declines in the past, especially on the Payment Solutions side, we still have macroeconomic conditions that are driving elevated the organic

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