Intrum AB – Interim results January-March 2023
· Slow but accelerating start to a transitory year. Revenue increase supported by high commercial activity and growing Assets under Management · CMS and Portfolio Investments contributed to cash revenues growth, while Strategic Markets is stabilising after 24 months of substantial growth · Disposal and Capital partnership dialogues ongoing · Cash revenues increased 2 per cent vs. Q1 ‘22, while cash EBITDA decreased 10 per cent · Leverage ratio is up to 4.2x, driven by adverse currency movements and lower RTM cash EBITDA · Results decline and recent increase in non-