B2 Impact Asa · OSL:B2I
B2 Impact Asa — Arctic Nordic Debt Collection Webinar 2024
11 slides from B2 Impact Asa's conference presentation, Jan 12, 2024
Slide 1: B2 Impact ASA – Arctic Nordic Debt Collection Webinar
B2 Impact ASA Arctic Nordic Debt Collection Webinar 12 January 2024
Slide 2: Today's presenter
Today’s presenter Erik J. Johnsen Chief Executive Officer 2 B2 Impact - Arctic Nordic Debt Collection Webinar
Slide 3: This is B2 Impact
This is B2 Impact 2023 2022 % NOK million 9M 9M Δ Total ERC as of Q3 2023 Cash collections 4 259 3 704 15% Geographical distribution Asset class distribution Net revenues 2 829 2 261 25% REOs Adj. EBIT 1 287 992 30% SEE Adj. EBIT % 45% 43% 2 pp 14% Secured 6% NE 15% EBIT 1 216 725 68% 35% WE 12% Adj
Slide 4: The Group's strategy and focus since 2019
The Group’s strategy and focus since 2019 ✔ Number of countries with continued operations reduced from 23 to 17 Reduce footprint ✔ 3 countries in sales process and run-off and others under review ✔ FTEs decreased by 836 since end of 2019 to 1,681 at end Q3 2023 Focus on core ✔ Investments 2020 to en
Slide 5: Reduced leverage, growth in cash earnings and increasing investments
Reduced leverage, growth in cash earnings and increasing investments NOKm Portfolio investments LTM Cash EBITDA LTM Leverage ratio B2 Impact has carried out a substantial deleveraging 4 351 since 2020. In the same period: • Cash EBITDA (LTM) up 19% 3 665 >NOK 4.7bn expected for 2023 2 689 • Investme
Slide 6: Investments focused in core unsecured markets to drive scalability and improved profitability
Investments focused in 9 core unsecured markets to drive scalability and improved profitability • Core unsecured markets – Growth – Continued investments for growth Core unsecured markets – Utilize economies of scale Secured markets (Veraltis) – Continued focus on increased efficiency and automation
Slide 7: Improving returns and back to growth for CMS players with low leverage
Improving returns and back to growth for CMS players with low leverage Indicative returns on portfolio investments Floating euro rates (EURIBOR) • B2 Impact currently boasts attractive credit metrics that are among the strongest in the industry • Expected lower cost of funding going forward as a res
Slide 8: B2 Impact launched as new brand at Group level in Q3 2023
B2 Impact launched as new brand at Group level in Q3 2023 • One name and brand to underpin strategic, operational, commercial, financial, and cultural alignment across the Group • B2 Impact will be rolled out in all core markets during 2024 with the aim to: – Increase brand recognition across market
Slide 9: New board members with strong industry experience elected on 27 December 2023
New board members with strong industry experience elected on 27 December 2023 Harald L. Thorstein Adele Bugge Norman Pran Trond Kristian Andreassen Jessica Sparrfeldt Chair of the Board New board members Ellen Hanetho Anders Engdahl Henrik Wennerholm 9 B2 Impact - Arctic Nordic Debt Collection Webin
Slide 10: Positioned for profitable growth, improving dividend yield, and limited credit risk
Positioned for profitable growth, improving dividend yield, and limited credit risk Favourable Expected lower Latest trades in Sufficient volume to Lowest leverage market with cost of funding B2 Impact’s grow our core ratio in the industry expected higher bonds indicate a unsecured markets and impro
Slide 11: b2-impact.com
b2-impact.com IR contact Rasmus Hansson Head of Investor Relations and M&A +47 952 55 842 rasmus.hansson@b2-impact.com B2 Impact Cort Adelers gate 30, 7th floor 0254 Oslo, Norway +47 22 83 39 50 post@b2-impact.com
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