Hoist Finance interim report Q1 2022
Accelerated improvements “We have announced an agreement to divest the UK unsecured business, representing almost 20 per cent of the total loan portfolio, releasing between SEK 5 and 8bn in investment capacity. The divested business has had low returns during many years and a loss of SEK -169m during 2021. The continuing operation is improving. The comparable profit before tax increased for the quarter by 5 times, through increased collection performance and better loan portfolio quality” says Lars Wollung, CEO. January – March 2022 · Total operating income amounted to SEK 635m (