Q3 2025 Axactor ASA Earnings Call Transcript
Key Points
- Axactor ASA (FRA:2LJ) reported double-digit revenue growth, with gross revenue increasing by 11% year over year.
- EBITDA grew by 23% due to increased revenue and strict cost control.
- The company achieved an annualized return on equity of 11%, supported by lower financial expenses.
- The 3PC segment showed strong performance with a 19% revenue growth year over year, particularly in Norway and Spain.
- Axactor ASA (FRA:2LJ) has secured refinancing options, providing flexibility with no major maturities until Q3 2027.
- Gross revenue for the group decreased by 9% compared to Q3 2024, primarily due to the sale of portfolios in Spain.
- Collection performance was slightly below expectations, ending at 98% for the quarter.
- The contribution margin in the TPC segment declined from 37% to 36% year over year.
- Cash EBITDA decreased to €49 million from €59 million in the corresponding quarter of 2024.
- Investment levels were low in the first half of the year due to a focus on refinancing, impacting growth potential.
Hello and welcome to the Axactor ASA Q3 2025 results presentation. My name is Alex and I'll be coordinating today's call. (Operator Instructions)
I'll now hand it over to Johnny Vasili, CEO, to begin. Please go ahead.
Good morning and welcome to Axactor's 3rd quarter presentation. By my side, I have Nina Mortensen , our CFO. This presentation will be divided into 4 parts. First, I will take you through Q3 highlights. Then Nina will present the financials before I give you an updated outlook. We will round off with a Q&A session. Let us move to slide 3 and have a look at the highlights for the quarter.
In Q3, a factor delivered double-digit revenue growth with solid contributions from both segments. Gross revenue grew by 11% year over year, and total revenue growth was 12%. It was also positive to see that the contribution margin increased by 2% points.
The numbers are adjusted for the divested portfolios in Spain and are positive one of effect from court cash bookings that we
| 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
