Intrum AB (publ) (INTRUM) Q4 2023 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Intrum Ab.

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:03.633 And welcome to the presentation 00:00:09.645 -- 00:00:14.291 regarding the results for the fourth quarter of December, 00:00:14.291 -- 00:00:19.318 fourth quarter ended December 2023. I'm here in Stockholm with 00:00:19.318 -- 00:00:24.365 Anders Blomqvist, our interim CFO who came in in December, and also Emil Fokkesson, 00:00:24.365 -- 00:00:28.668 who is the head of the CFO office and investor relations director. 00:00:28.668 -- 00:00:32.091 Before I get into the details of the presentation, 00:00:32.091 -- 00:00:35.394 I just wanted to give a little bit of an overview from my perspective as to the quarter. 00:00:35.394 -- 00:00:40.398 I think that the fourth quarter and also the conclusion of 23 was a very strong end 00:00:40.398 -- 00:00:45.743 to what was a challenging and transitory year, despite a very difficult comparison 00:00:45.743 -- 00:00:50.848 with a very strong 22 and particularly fourth quarter 22, and also the overall economic 00:00:50.848 -- 00:00:52.249 backdrop 00:00:52.249 -- 00:00:56.613 and difficult in collectability, which I'll get into more detail later in the fourth 00:00:56.613 -- 00:01:01.764 quarter. we had a very positive result and it shows the 00:01:01.764 -- 00:01:06.111 strength and resilience of our business and also the drivers of our business. 00:01:06.111 -- 00:01:11.159 At the top line, we've had growth driven by acquisitions, but also organic growth in 00:01:11.159 -- 00:01:15.986 the middle and north of Europe and our profitability figures of adjusted EBIT and EBITDA 00:01:15.986 -- 00:01:21.455 are essentially flat, only slightly down despite the significant headwinds. 00:01:21.455 -- 00:01:26.603 Just as importantly, We entered with significant momentum in combating our 00:01:26.603 -- ...