Q4 2024 Intrum AB Earnings Call Transcript

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Jan 30, 2025

Jan 30, 2025 / 08:00AM GMT
Operator

Welcome to the Intrum Q4 2024 report presentation. (Operator Instructions)

Now, I will hand the conference over to CEO, Andres Rubio; and CFO, Johan Akerblom. Please go ahead.

Andres Rubio - Intrum AB - President, Chief Executive Officer, Director

Good morning, everyone. This is Andres. Good morning from a very gray day here in Stockholm. Thank you for joining the Q4 2024 and full year 2024 report. As the operator said, I'm here with Johan Akerblom, our CFO.

Jumping right in, let's jump right into page 3 of the presentation. The fourth quarter was a very solid quarter. We had solid business performance across both of our businesses as well as significant progress on a number of our both internal and external initiatives.

Starting with servicing on the bottom left, we had the second strongest servicing quarter in terms of both margin and absolute EBIT in the last five years, we had an EBIT increase of quarter-on-quarter and year-on-year of approximately 26%.

The quarter, the margin the fourth quarter was 30%. The year prior

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