STOCKHOLM, Oct. 23, 2020 /PRNewswire/ --
Third quarter, January-September 2020:
Comment by President and CEO Anders Engdahl:
"I am proud yet humble to take on my new role as President and CEO of Intrum, a company which I have gotten to know very well during my six years in various leading positions. I would like to start by thanking my predecessor Mikael Ericson for his great contribution to Intrum the last 4 years, where the latest quarter is one of the strongest during recent years.
We are extremely pleased with our strong performance in the third quarter, although we expect a slowdown in the final quarter of the year as business volumes from new sales remain limited. With that said, we retain our optimistic view of business opportunities for 2021 and beyond, which is supported by, among other things, megatrends in consumer behaviour, digitalisation, continued regulation in the financial sector as well as volumes in the aftermath of the pandemic.
The work to create "One Intrum" has intensified during the quarter. Together with our management and employees, my priority will be to continue this work with developing a new more efficient operational model which will enable us to further improve our competitiveness and allow for an enhanced offering to our clients and customers. In that way, we create further opportunities for long-term organic growth and profitability.
Although Intrum is of course affected by the pandemic, I look back on the first three quarters of the year with pride and confidence and I am proud over how well our organisation has been able to meet our clients' needs in a more challenging world. On 18 November, we will hold a digital Capital Markets Day, and I look forward to providing more information about our way forward and presenting updated financial targets."
For further information, please contact:
Viktor Lindeberg
Head of Investor Relations & Group Business Control
+46 76 897 07 08
+46 8 546 102 02
[email protected]
[email protected]
Anna Fall
Chief Brand & Communications Officer
+46 70 996 98 21
[email protected]
This information was submitted for publication, through the agency of the contact person set out above, at 07:00 CET on October 23, 2020.
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/intrum/r/interim-report-january-september-2020,c3221489
The following files are available for download:
IAB_Q3_2020_ENG |
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