Hoist Finance interim report Q1 2023
“We have had a good start of the year with high investment levels, strong collection performance, intensive continued rejuvenation activities and a financial result showing that we are moving towards achieving our financial objectives” says Harry Vranjes, CEO. Key highlights · Profit before tax of SEK 162m adjusted for rejuvenation cost of SEK 18m, increased by 113 per cent compared to the first quarter 2022[1)] · Reported return on equity of 6 per cent. Adjusted for normalised capitalisation levels and rejuvenation costs the return on equity is approx 10 per cent[2)] ·