Interim report January–March 2017
Gothenburg, Sweden – Collector AB (publ) (Nasdaq Stockholm: COLL)
JANUARY – MARCH 2017 (COMPARED WITH JANUARY–MARCH 2016)
- Total income increased by 28%, amounting to SEK 438 million (344)
- Earnings after tax (EAT) increased by 34%, amounting to SEK 113 million (85)
- Return on equity (RoE) was 20% (21)
- Earnings per share increased to SEK 1.11 (0.86)
- Continued strong growth with increased quality in the credit portfolio, SEK 14,973 million (9,618) +56%
- Positive development in credit losses 1.1% (1.3)
- As of January 2, 2017 Collector moved up to Nasdaq Stockholm´s Large Cap-segment
- Nomination Committee appointed for AGM. Fabian Hielte appointed as Chairman of Nomination Committee
- Invested in Nordkap – strengthens its position in FinTech
- Established an MTN-program of SEK 5 000 million - published prospectus
- Successfully issued SEK 800 million under MTN program
- Invitation to attend the Annual General Meeting 2017 of Collector AB
SIGNIFICANT EVENTS AFTER THE END OF THE PERIOD
- Lena Apler – Acting CEO of Collector
- Collector´s Annual Report for 2016 published
Read more on https://www.collector.se/en/about-collector/investors/financial-information/
Readers are reminded that the original financial report, signed by the Board of Directors, is in Swedish. We´re presenting a translation of the Swedish financial report.
Presentations to investors, analysts and media
A telephone conference with the opportunity to pose questions will be held today, 25 April at 10.00 (CET) am, with Founder & Acting CEO Lena Apler and CFO Pia-Lena Olofsson presenting the report. The telephone conference will be held in Swedish and streamed live on https://tv.streamfabriken.com/collector-q1-2017
To join the telephone conference, please call: +46 8 5664 2663 or +44 20 3008 9802. The switchboard will open at 09.55 am CET.
For further information, please contact:
Lena Apler, Founder & Acting CEO Collector I Phone +46 70-525 65 80 I Email lena.apler@collectorbank.se
Pia-Lena Olofsson, CFO, Collector I Phone +46 70 858 04 53 I Email pia-lena.olofsson@collectorbank.se
Åsa Hillsten, CCO & IR Collector I Phone +46 70 081 81 17 I Email asa.hillsten@collectorbank.se
This information is information that Collector AB is obliged to make pursuant to the EU Market Abuse Regulation. This information was submitted for publication, through the agency of the contact persons set above, at 08.15 CET on April 25, 2017. Code: COLL.
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