Intrum Justitia's Interim report January–March 2008

• Consolidated revenues for the first quarter 2008 amounted to SEK 861.5 M (757.8), an increase of 13.7 percent. Organic growth was 10.5 percent.
• Operating earnings (EBIT) amounted to SEK 166.7 M (141.0). Revenues and operating earnings include net write-ups and write-downs of purchased debt of SEK +5.7 M (+10.2). Excluding revaluations, operating earnings increased by 23.1 percent to SEK 161.0 M (130.8), corresponding to an operating margin of 18.8 percent (17.5).
• Net earnings increased by 9.1 percent to SEK 107.1 M (98.2).
• Earnings per share before dilution amounted to SEK 1.35 (1.24).
• Investments in Purchased Debt amounted to SEK 204.0 M (116.9).
• In March Intrum Justitia acquired Solutius Belgium NV, a holding company for two CMS companies.
• In March a newly formed company, Intrum Justitia Norge AS, was granted a debt collection license in Norway. A ruling on the appeal of a decision to revoke the license of Intrum Justitia AS is expected from the Ministry of Justice by mid-year.