Q3 2022 B2holding ASA Earnings Call Transcript
Very good. Welcome to B2Holding third quarter presentation. I'm Erik Johnsen, and with me today I have André Adolfsen, CFO of B2Holding, going through the financial numbers afterwards.
Third quarter continued to be a good quarter for B2Holding. And despite market uncertainties, we have seen resilient collection in the quarter that passed.
Let's go through the main points for the quarter. As I said, we had very good steady operations in the quarter that passed, both on the operational side but also on the collection side. Unsecured collection came in at 104.4%, and we also see that the secured collection continued with the strong momentum in the third quarter. On REO side, we passed NOK 400 million collection this year so far and the collection in the third quarter was very good. Also in the third quarter, we had an exceptional good margin on the REO profit that we had.
The cost-saving program that we've been having is resilient. It's proven to be resilient and it mitigates quite a bit of the increased cost inflation that we have seen in
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
