Hoist Finance AB (publ) To Discuss Agreement With Lowell Financial Ltd To Divest Its UK Unsecured Operations Call Transcript

Apr 13, 2022 / 06:30AM GMT
Lars Wollung - Hoist Finance AB(publ)-Acting CEO&Director

Good morning, everyone, and welcome to this call. I'm Lars Wollung, CEO of Hoist Finance. With me, I have our CFO, Christian Wallentin.

Christian Wallentin - Hoist Finance AB(publ)-CFO

Good morning, everyone.

Lars Wollung - Hoist Finance AB(publ)-Acting CEO&Director

And our Communications and IR Director, Ingrid Osthols. We wanted to explain a little bit more what we have done and why we have done that and then open up for questions. We thought it is more useful for you if we have a very short introduction and then we open up for questions so that we talk about things that you are interested in.

So let me start by summarizing then the situation. So we have entered an agreement with Lowell to sell our subsidiary in the U.K., containing the debt collection platform for unsecured credits. With that, in that

Already have an account? Log in
Get the full story
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...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot