IOB - Delayed Quote SEK

Intrum AB (publ) (0H9P.IL)

29.92

-0.55

(-1.82%)

At close: 4:24:58 PM GMT+1

Intrum AB (ITJTQ) Q4 2024 Earnings Call Highlights: Strong EBIT Growth Amidst Challenges

Intrum AB (ITJTQ) reports a 26% EBIT increase and improved servicing margins, despite facing structural challenges and a negative net income.

GuruFocus.com 3 months ago

ITJTQ
Intrum files for bankruptcy in US to restructure $4.5 billion debt pile

The company has struggled as the pandemic, an energy crisis and two-decade-high interest rates failed to unleash a wave of loan defaults, with concerns mounting over Intrum's net debt, which reached 49.4 billion Swedish crowns ($4.49 billion) at the end of September. Intrum, which last month announced plans to file for the Chapter 11 protection, listed assets and liabilities in the range of $1 billion to $10 billion and estimated its number of creditors in the range of 1,000 to 5,000, according to a court filing. "Today, with support from the overwhelming majority of our key stakeholders, we are making significant progress towards the implementation of our recapitalisation transaction," said Intrum CEO Andres Rubio.

Reuters 5 months ago

ITJTY
Intrum AB (ITJTY) Q3 2024 Earnings Call Highlights: Strong EBIT Growth Amidst Seasonal Challenges

Intrum AB (ITJTY) reports a 45% EBIT increase and improved servicing margins, despite facing goodwill write-downs and seasonal weaknesses.

GuruFocus.com 6 months ago

ITJTY
Intrum seeks US bankruptcy protection to restructure $4.7 billion net debt

COPENHAGEN (Reuters) -Intrum, Europe's biggest debt collector, said on Friday it will file for voluntary Chapter 11 bankruptcy protection in the United States as it seeks to restructure its own finances. The company has struggled as the pandemic, an energy crisis and two-decade-high interest rates failed to unleash a wave of loan defaults, with concerns mounting over Intrum's net debt, which reached 49.4 billion Swedish crowns ($4.69 billion) at the end of June. "Intrum expects to emerge from the prepackaged Chapter 11 process and the Swedish company reorganisation process with ample runway and liquidity to execute its business plan and positioned for long term growth and success," it said in a statement.

Reuters 6 months ago

ITJTY
Intrum: Corporate cost-cutting at a four-year high despite growing economic optimism

Two in five (41%) businesses across Europe plan to cut costs in 2024, the highest level since 2021 according to the annual European Payment Report from Intrum, the credit management services provider which operates across 20 European markets.

PR Newswire 11 months ago

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ITJTY

Performance Overview

Return	0H9P.IL	OMX Stockholm 30 Index (^OMX)
YTD	+9.36%	-2.18%
1-Year	+9.60%	-5.26%
3-Year	-83.78%	+23.80%

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Intrum AB (publ) (0H9P.IL)

Intrum AB (ITJTQ) Q4 2024 Earnings Call Highlights: Strong EBIT Growth Amidst Challenges

Intrum files for bankruptcy in US to restructure $4.5 billion debt pile

Intrum AB (ITJTY) Q3 2024 Earnings Call Highlights: Strong EBIT Growth Amidst Seasonal Challenges

Intrum seeks US bankruptcy protection to restructure $4.7 billion net debt

Intrum: Corporate cost-cutting at a four-year high despite growing economic optimism

Performance Overview