Hoist Finance AB (CHIX:HOFIs)
kr 167.8 (0%) Market Cap: 15.31 Bil Enterprise Value: 25.13 Bil PE Ratio: 12.84 PB Ratio: 1.95 GF Score: 60/100

Q3 2024 Hoist Finance AB (publ) Earnings Call Transcript

Oct 25, 2024 / 07:00AM GMT
Release Date Price: kr22.95
Operator

Wellington.

Please go ahead.

Harry Vranjes
Hoist Finance - Chief Executive Officer

Thank you very much. Good morning, everyone and welcome to this Hoist Finance earnings call for the third quarter.

I'm Harry Vranjes the CEO of Hoist Finance and next to me, I have Christian Wallentin

our CFO and in the room today, we also have Karin Tyche our chief coms and investor relations officer who joined us just before the Q2 report. As usual before we dive into the report, I just want to talk a little bit about who we at hoist finance are and what we are. And I think in short, we are a performing financial institution working with non-performing loans. We are different compared to other peers in the industry.

Hoist finance is a regulated credit market institution supervised by the Swedish FSA. We therefore have a different regulatory environment than most of our peers and we also have a different funding model as you know, our main source of funds, some 75% savings accounts from the public. We have savings accounts in Sweden,

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