Avida Finans AB (publ) publishes interim report for the period January – September 2024
Great need to reverse the trend and increase the pace of the initiated transformation.In the third quarter of the year, the negative trend for Avida continued, with costs and credit losses remaining at an unacceptably high level. The need to accelerate the pace of change and reverse the company’s cost and credit loss trends has become increasingly clear. “To reduce costs and ensure quality and speed in the initiated transformation, a comprehensive review of the business has now begun”, says Mikael Johansson, CEO. The goal is to achieve more efficient processes, foster a stronger cost-