The Swedish group listed on the Stockholm stock exchange and also specialized in debt buying e servicing has released the data as of 31 March 2024 which see an increase in total operating income of 27% to 976.7 million SEK (approximately 83 million EUR)
Compared to the same period of 2023, the profit before tax also amounted to 284 million SEK, while in the first three months of 2023 it amounted to 144 million SEK.
Between January and March, 2.1 billion SEK, approximately 179 million euros, were invested in acquisitions of non-performing loan portfolios.
The ERC, the indicator that estimates the expected collection in the next 180 months, grows to approximately 42.5 billion SEK (approximately 3.6 billion euros)
Bond issuance during quarter included senior bonds issued at 325–375 bps compared to a spread of 450–500bps for the same quarter last year
The CET1 ratio is 14.31%.
