Axactor ASA (OSTO:AXAo)
kr 3.37 0.045 (1.35%) Market Cap: 1.02 Bil Enterprise Value: 12.13 Bil PE Ratio: 7.23 PB Ratio: 0.20 GF Score: 66/100

Q1 2022 Axactor ASA Earnings Call Transcript

Apr 28, 2022 / 08:00AM GMT
Release Date Price: kr6.23
Operator

(Audio in progress) Axactor SE presentation of Q1 2022 results call. My name is Ruby, and I will be your moderator for today's call. (Operator Instructions)

Or you can submit your question via the webcast. I will now hand over to your host, Johnny Tsolis, CEO, to begin. Please go ahead.

Johnny Tsolis
Axactor ASA - CEO

Good morning, and welcome to Axactor's first-quarter presentation for 2022. This presentation will be divided into four parts. First, I will take you through the highlights of the quarter. Then our CFO, Nina Mortensen, will present Q1 financials before we give an updated outlook and round off with a Q&A session. As always, you may ask questions live after we are done presenting or through the available chat function.

Now let us move to slide 3 and have a look at the highlights for the quarter. After a rough second half of 2021 and in particular, a slow Q3 in terms of NPL collections, it is comforting to see that our collection performance is back at 100% collective forecast. Last year's realization obviously helped taking

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