Intrum AB (publ) (INTRUM) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the Intram Q3 2025 report presentation. For the first part of the presentation, participants will be in listen-only mode. During the questions and answers session, participants are able to ask questions by dialing hash 5 on their telephone keypad. Now I will hand the conference over to President and CEO Johan Akerblom and CFO Massey Yazdi. Please go ahead. Good morning everyone. Thank you for listening. It's great to have you back for another quarterly earnings call. Today we have a new setup. I am obviously in the new position and I also want to sort of say hello to Masi who's been with us now for What is it? Eight weeks, roughly, almost. And yeah, we will go through the Q3 results in normal order. We will take you through the presentation and then we'll open up for Q&A at the end. If we start with the quarterly, I think the quarter as such, it is a bit messy when you start looking at it. But a few things to highlight. I mean, on the underlying, we have a higher servicing income. The underlying business is in general performing well. The adjusted EBIT has been increasing 30% year on year. And we continue to report net profits. This is the third quarter in a row. And the leverage ratio is going in the right direction. And the investing volumes are increasing if we compare to Q1 and Q2 early this year. On the servicing side, we have now reached the 25% on an adjusted EBIT margin, rolling 12 months. And on the investing side, I think the collections, they are slightly above the forecast again. However, the income is down, but I mean, that is on the back of the lower, the book that we have, which is now at 22 and a half billion. If we go to the servicing a little bit more specific, I mean, this is the first quarter where we have an organic growth since 2022. ...