Hoist Finance interim report Q1 2024
“The first quarter of the year was again eventful for Hoist Finance. We invested just over SEK 2 billion and cash flow from both existing and new portfolios were very strong. At the same time, we now see the effects of the rejuvenation programme that has been carried out during the last two years supporting the income statement. All in all, this gives us a solid start to 2024, with operating income of almost SEK 1 billion, profit before tax of SEK 284 million and a return on equity of 19 percent.", says Harry Vranjes, CEO of Hoist Finance. Key highlights for the first quarter 2024