Interim report January - March 2015
|
|
- Marvin Webb
- 5 years ago
- Views:
Transcription
1 Interim report January - March 2015 May 6, 2015 Stable earnings geared for growth
2 Introduction to Hoist Finance Introduction Established in 1994, Hoist Finance is a leading debt restructuring partner to international banks Main focus is the acquisition and management of bank-originated non-performing unsecured consumer loans (NPLs) 20 year track record of successfully acquiring and collecting on more than 1,550 NPL portfolios Amicable collection process striving for sustainable repayment plans Licensed and supervised by the SFSA with access to cost-efficient deposit funding base, HoistSpar, in Sweden (98% of deposits covered by Swedish deposit guarantee scheme) Diversified funding through senior and subordinated unsecured bonds in SEK and EUR Clear focus on debt purchase and FIs 17% Pan-European presence in nine countries Funding operations (HoistSpar) and Headquarter 20% Debt Purchasing and Debt Collection operations 12% Carrying value (1) 8.8bn 24% 27% PRODUCT MIX (2) Revenue Q TYPE OF DEBT (3) Carrying value 31 March 2015 Third-party collections & Other 10% Trade & Other 4% Debt Purchase 90% Financial Institutions (FI) 96% Focus on bank originated debt 1) Including run off portfolio of consumer loans and portfolios contained in joint venture 2) Third-party collections and other ratio defined as revenue from servicing divided by total revenues 3) Financial institutions ratio defined as unsecured B2C FI debt to total. Trade & Other include unsecured B2C Retail, Secured and Other 2
3 Solid business model with over 20 years of experience Hoist Finance acquires non-performing consumer loans primarily from banks which are collected in a responsible manner and provide for stable and predictable cash flows over a long time period 2-3x Loans Loans Loans Loans Loans Loans 1. Contact 2. Open dialogue 5 10% of face value 3. Agreement Purchase price 1-2 years 3-4 years 5-6 years 7-8 years 9-10 years Cash collections Hoist Finance is a leading debt restructuring partner to international banks Optimised model for collections, both in-house and outsourced collection High earnings visibility due to strong track record of collections Portfolios from well reputed international banks Diversified presence we are where our clients are Debt portfolios based on responsible origination Liquidity and economy of scale benefits Focus on compliance, reputation and ethical behaviour Diversified funding 3
4 Amicable settlements AMICABLE AND RESPECTFUL COLLECTIONS Collection model shaped over 20 years of collections on own books Can pay Will pay Process payment Will not pay Legal enforcement Small installments debtors can afford, long term solutions Cannot pay Nominal payment Diarise INSTALMENT PLANS VS. ONE-OFF COLLECTIONS (1) Amicable approach to facilitate better consumer recovery and provide stable cash flows One-off 13% 1. Contact 2. Open Dialogue In-house collection model, complemented by preferred partners in selected markets 3. Agreement Instalment plans 87% Flexible full service offerings adapted to client needs 4
5 Highlights Q1 Key events during the quarter Successful listing on Nasdaq Stockholm with broad interest from Swedish and international investors With substantially improved capital adequacy and strong liquidity we are now well positioned for continued growth Q1 well in line with our expectations with stable earnings Negative impact from one-off items in Q1 costs IPO related cost (SEK 78M, whereof 45M over P&L) Hedging derivatives (SEK 20M) Seasonality effect on portfolio investments Newly acquired platforms in Italy and Poland are well integrated and performing according to plan S 5
6 First quarter key financial highlights Gross cash collections (SEK million) EBIT (adjusted for IPO costs) (SEK million) +33% % Q Q Q Q Total revenue (SEK million) Portfolio acquisitions (SEK million) % % 273 Q Q Q Q
7 Seasonality in portfolio acquisitions Prerequisites Outcome SEK million The timing of our portfolio investments are uneven during the year. In % of our investments came in the fourth quarter of the year This has an impact on collections, cash flow, capital ratios end earnings Therefore we tend to see the highest growth in EBIT in the second half of the year Q1 Q2 Q3 Q4 7
8 Regional overview Germany and Austria Comments SEK million Q Q Change Full year 2014 Gross cash collections % 724 Total revenue % 446 Gross cash collections up 63%. We have successfully realized a sale of a large secured asset EBIT margin down as it suffers from fast amortizing performing book acquired in Adjusting for this the EBIT margin is stable Portfolio acquisitions up from last year EBIT % 195 EBIT-margin, (%) pp 44 Carrying value % month ERC % ) Including run-off portfolio of consumer loans 2) Excluding run-off portfolio of consumer loans 8
9 Regional overview France, Belgium and the Netherlands Comments SEK million Q Q Change Full year 2014 Gross cash collections % 733 Total revenue % 256 EBIT improved by 80% predominantly driven by the Netherlands Restructuring in France running according to plan and cost. Guyancourt site will be closed down mid summer Portfolio purchase down as a large portfolio was acquired in the Netherlands in Q EBIT % 61 EBIT-margin, (%) pp 24 Carrying value % month ERC %
10 Regional overview UK Comments SEK million Q Q Change Full year 2014 Gross cash collections % 527 Total revenue % 458 Cash collections up by 14% as a result of a growing book Increased litigation activities undertaken which will support cash collections going forward however slightly affecting margins short term Slow quarter in terms of purchasing EBIT % 181 EBIT-margin, (%) pp 40 Carrying value % month ERC %
11 Regional overview Italy Comments SEK million Q Q Change Full year 2014 Gross cash collections % 261 Total revenue % 170 EBIT % 64 Gross cash collections up 146% as a result of the strong investment level last year EBIT margin back-on-track following the acquisition of TRC August last year No further acquisitions in Q1 as focus has been on integrating the large portfolio purchased in December last year EBIT-margin, (%) pp 37 Carrying value % month ERC %
12 Regional overview Poland Comments SEK million Q Q Change Full year 2014 Gross cash collections % 296 Total revenue % 279 EBIT % 202 Navi Lex integrated and all contracts managed by external DCAs transferred in-house EBIT margin coming down somewhat as following the acquisition of Navi Lex, but remains at very attractive level Portfolio purchase have marginally increased year on year EBIT-margin, (%) pp 72 Carrying value % month ERC %
13 Financial highlights SEK M Quarter Quarter Change % Gross cash collections Net revenue from acquired loans Total revenue EBIT Costs in connection to the listing in the income statements 45 - n/a EBIT adjusted for costs in connection to the listing EBIT margin adjusted for costs in connection to the listing, per cent pp Financial net - whereof net income from financial transactions n/a Profit before tax Profit before tax, adjusted for costs in connection to the listing Net profit for the period Portfolio acquisitions Return on equity, % pp 31 Mar Mar 2014 Change % Carrying value of acquired loans, SEK M 1 8,827 6, Gross ERC 120 months, SEK M 2 15,238 10, Total capital ratio, % pp CET-1 ratio, % pp Liquidity ratio, % pp 1) Including run-off portfolio of consumer loans and portfolios contained in joint venture 2) Excluding run-off portfolio of consumer loans and portfolios contained in joint venture 13
14 Balance sheet Balance sheet structure Q Balance sheet development SEK million SEK million Q Q Change Cash and interest-bearing securities % Acquired loans % Cash and Interest-bearing Securities % Liquidity Reserve Floating Deposits Other assets % Total % 608 Other Liabilities Deposits % Senior unsecured debt % Acquired Loans % Termfunding Year Deposits Senior Unsecured Debt Subordinated debt % Other liabilities % Shareholders equity % Total % 334 Subordinated Debt Other Assets Shareholders Equity (incl. Tier 1) 1) Including run-off portfolio of consumer loans and portfolios held in joint venture 14
15 Hoist Finance in a low interest rate environment Recent development Impact on financial net Near term outlook Strive for diverse funding, reducing mismatch Hedging strategy Lowering offered deposit rates Net deposit inflows with mix moving towards term deposits EUR-bond issued Falling rates impacting mark- to market valuation We anticipate this effect to unwind in the medium term Instant effect on Flex accounts, gradual effect on term deposits Term deposits in favor of Flex Further bond issues unlikely Periods of deposit outflow would not jeopardize liquidity level Receiving even more modest yield on liquidity Low risk profile Short tenor 15
16 Funding structure, capital- and liquidity ratios Funding structure Capital ratios 13% 2% 9% 8% 3% 7% 21% Equity Subordinated debt Senior unsecured debt 1-3 Year deposits 14,3% 5,7% 15,1% 7,2% 17,1% 9,2% 30% Floating deposits 46% 61% CET 1 ratio Tier 1 capital ratio Total capital ratio Q Q Liquidity ratios Q Q Improved capital ratios 61% 48% Improved maturity matching Strong liquidity ratio Liquidity ratio Q Q
17 Our strategy and financial targets Cornerstones of our strategy Our financial targets TO CONTINUE TO POSITION THE COMPANY AS THE LEADING DEBT RESTRUCTURING PARTNER TO INTERNATIONAL BANKS Strengthen platform in current markets and continue European expansion Maintain business focus and underwriting discipline Optimize collection strategies with primary focus on in-house collections Utilize embedded operating leverage to increase efficiency Maintain solid capital and liquidity positions Profitability Capitalization Dividend policy By utilizing our operating leverage we aim to achieve an EBIT margin of above 40% in the medium term Common equity Tier 1 capital (CET1) ratio to exceed 12% with potential to temporarily go below as a result of large portfolio or goodwill acquisitions As we continue to foresee substantial acquisition opportunities in our markets we will initially aim to distribute around 25 30% of our net profit as dividend over the medium term. Given the historically strong cash flow generation of our business, our long term aim is to distribute around 50% of the annual net profit as dividend 17
18 Outlook Continued focused strategy on profitable growth and geographical expansion Well placed to capture growth opportunities in the market Positive trend with substantial amount of portfolios in pipeline Target for FY 2015: purchase volumes in line with or higher than
19 Key takeaways Q1 well in line with our expectations with stable earnings Seasonality effect on portfolio investments Impact from financial items and one-off cost related to IPO Newly acquired platforms well integrated and performing according to plan Very strong balance sheet 19
20 Appendix
21 Cash flow (incl. Adjusted EBITDA) Adjusted EBITDA reconciliation Adjusted EBITDA development SEK million Q Q Full Year 2014 SEK million Net profit for the period income taxes portfolio revaluations interest income (excl. Interest from run-off performing portfolio) interest expense /- net result from financial transactions depreciation and amortisation EBITDA % + amortisation on run-off portfolio amortisation on acquired loan portfolios Adjusted EBITDA Capital expenditure PPE and IT Operating cash flow Net interest expenses (excl. Interest from run-off performing portfolio) Operating cash flow after financing expenses Q Q Full year 2014 Portfolio acquisitions
22
Interim report January - June 2015
Interim report January - June 2015 July 31, 2015 Continued stable earnings and growth Introduction to Hoist Finance Introduction Established in 1994, Hoist Finance is a leading debt restructuring partner
More informationInterim report January March 2015
Interim report January March Gross cash collections SEK 791m Portfolio acquisitions SEK 273m January March (compared with the first quarter ) Gross cash collections increased by 48 per cent to SEK 791m
More informationFull year % EBIT margin. Quarter Change, % 31 Dec Change, %
Year-end report October December Gross cash collections on acquired loan portfolios increased 7 per cent to SEK 1,105m (1,032). Total revenue increased 9 per cent to SEK 676m (622). Reported EBIT was SEK
More information36.7% EBIT margin. SEK million
Q1 January March Gross cash collections on acquired loan portfolios increased by 34 per cent to SEK 1,056m (791). Total revenue increased by 27 per cent to SEK 638m (501). Reported EBIT was SEK 234m (159)
More informationPortfolio acquisitions. SEK 1.7 bn
Interim Report January - September Gross cash collections SEK 1.8 bn Portfolio acquisitions SEK 1.7 bn EBIT margin 32% Capital adequacy ratio 12.49% January - September compared to January - September
More informationPresentation Tuesday May 15th Helping people keep their commitments
Presentation Tuesday May 15th 2018 Q1 2018 Helping people keep their commitments 1 Today s presenters Klaus-Anders Nysteen CEO Christer Johansson CFO 2 AGENDA 1 Strategic agenda and key highlights Q1 2018
More informationInterim report Q2 2017
Q2 Strong results despite increased investments for future growth and profitability April June Total revenue increased 5 per cent to SEK 686m (655). Profit before tax excluding items affecting comparability
More information37% EBIT margin. Quarter Change, % 30 Sep Dec Change, %
Q3 July September Gross cash collections on acquired loan portfolios increased 10 per cent to SEK 1,075m (974). Total revenue increased 13 per cent to SEK 667m (591). Reported EBIT was SEK 245m (183) and
More informationHoist Kredit AB. The Board of Directors and the CEO of Hoist Kredit AB (publ) Corporate ID hereby submit the. Annual report 2014
Hoist Kredit AB The Board of Directors and the CEO of Hoist Kredit AB (publ) Corporate ID 556329-5699 hereby submit the Annual report 2014 14 Administration report Administration Report Business overview
More informationInterim report Q3 2017
Q3 Solid portfolio acquisitions and strong earnings trend July September Total revenue was unchanged at SEK 666m (665). Profit before tax increased 40 per cent to SEK 182m (130). Diluted earnings per share
More informationPortfolio acquisitions SEK 3.3 bn. Oct Dec 2013
Year-end Report 2013 Gross cash collections SEK 1.6 bn Portfolio acquisitions SEK 3.3 bn EBIT margin 26% Capital adequacy ratio 11.62% Fourth quarter 2013 Full year 2013 Gross cash collections of SEK 519
More informationHoist Kredit AB. A leading debt restructuring partner to inter national banks and financial institutions. Annual Report 2016
AB A leading debt restructuring partner to inter national banks and financial institutions Content financial information Page 1 Administration Report 8 Five year summary 9 Corporate Governance Report Financial
More informationPresentation Friday July Helping people keep their commitments
Presentation Friday July 27 2018 Q2 2018 Helping people keep their commitments 1 Today s presenters Klaus-Anders Nysteen CEO Christer Johansson CFO 2 AGENDA 1 Key highlights Q2 2018 and update on operational
More information35% EBIT margin. Quarter Change, % 31 Dec Change, %
Q2 April June Gross cash collections on acquired loan portfolios increased 29 per cent to SEK 1,076m (834). Total revenue increased 22 per cent to SEK 654m (537). Reported EBIT was SEK 231m (161) and the
More information19% Portfolio growth over the last 12-month period
Year-end report Another successful year closes with strong growth October December Total revenue increased 11 per cent to SEK 744m (672). Items affecting comparability totalled SEK 59m excluding tax. Profit
More informationYear end report. January-December st of January 2018 Mikael Ericson, President and CEO Erik Forsberg, CFO
Year end report January-December 2017 31 st of January 2018 Mikael Ericson, President and CEO Erik Forsberg, CFO Agenda 1. Highlights for the fourth quarter and FY 2017 2. Key messages from Capital Markets
More informationQ Axactor AB. November 1, 2017
Q3 2017 Axactor AB November 1, 2017 Key highlights Q3 REVENUE 23.6 EUR MILLION ERC 526 EUR MILLION EBITDA 2.0 EUR MILLION CASH EBITDA 6.2 EUR MILLION CASH BALANCE 54.7 EUR MILLION +113% y/y +108% y/y 10%
More informationInterim report Q3 2018
Q3 Focus on growth and efficiency improvements July September Total operating income increased 24 per cent to SEK 731 million (589). Item affecting comparability before tax totalled SEK 42 million and
More information1 (19) Year-end report January December Tradedoubler year-end report January December 2016
1 (19) Year-end report January December 2016 Tradedoubler year-end report January December 2016 2 (19) Year-end report January December 2016 Improved financial performance THE FOURTH QUARTER OCTOBER -
More informationYear-end announcement January December 2017
Year-end announcement January December 2017 Year-end announcement 2017 Fourth quarter 2017 Consolidated net revenues for the fourth quarter of 2017 amounted to SEK 3,101 M (1,658). Pro forma for the fourth
More informationOwn Funds, Capital Requirements and Liquidity Position as of March 31, 2015
Own Funds, Capital Requirements and Liquidity Position as of March 31, 2015 Corp.id.no. 556329-5699 Hoist Finance AB (publ) is a pan-european financial group ( Hoist Finance ) active within debt purchasing
More informationAXACTOR PRESENTATION. DNB SME Conference Oslo, April 2017
AXACTOR PRESENTATION DNB SME Conference Oslo, April 2017 Recent Events Acquired Profact, Sweden, 35 people. Fully licensed to acquire and collect on NPLs in Sweden 2 forward flow deals closed with Nordic
More informationQUARTERLY STATEMENT Q3 / 9M 2016 / 17
QUARTERLY STATEMENT Q3 / 9M 2016 / 17 2 3 Split of METRO GROUP completed 3 About us 3 Acquisition of around 24% of FNAC DARTY S.A. 3 Positive sales and profit performance in Q3 4 Overview 5 INTERIM GROUP
More informationQ presentation. Oslo, 28 November 2018
Q3 2018 presentation Oslo, 28 November 2018 Highlights Q3 2018 Overview High gross cash collection of NOK 1,022m up 57% (NOK 650m in Q3 2017) Financial developments Cash EBITDA increased by 65% to NOK
More informationProfit of EUR 1.8M for the year
DDM HOLDING AG Corporate Registration Number: CHE-115906312 Report Q4 1 October Profit of EUR 1.8M for the year Highlights fourth quarter Net collections increased by 151 percent to EUR 15.9M (Q4 : EUR
More informationPress Conference Q2-17. Johan Torgeby President & CEO 14 July, 2017
Press Conference Q2-17 Johan Torgeby President & CEO 14 July, 2017 Strong equity markets and improved market sentiment combined with low volatility and tightening of credit spreads CDS Spreads Swedish
More informationLindorff. Company Presentation. November 2016
Lindorff Company Presentation November 06 Disclaimer IMPORTANT INFORMATION Not for distribution in or into the United States, Australia, Canada, Japan or any other jurisdiction in which such distribution
More information2 nd quarter continuation of a stable trend. Ben Noteboom, CEO Robert Jan van de Kraats, CFO. Randstad Holding nv July 25, 2013
2 nd quarter 2013 continuation of a stable trend Ben Noteboom, CEO Robert Jan van de Kraats, CFO Randstad Holding nv disclaimer & definitions Certain statements in this document concern prognoses about
More informationAnnual Accounts Annika Falkengren President & CEO
Annual Accounts 2014 Annika Falkengren President & CEO Unique economic environment Key Interest rates % 2.00 1.80 1.60 1.40 1.20 1.00 0.80 0.60 0.40 0.20 0.00 Jan-14 Sweden Norway Eurozone Feb-14 Mar-14
More informationFOURTH QUARTER REPORT PRESENTATION THOMAS ELDERED CEO
FOURTH QUARTER REPORT PRESENTATION THOMAS ELDERED CEO FOURTH QUARTER 2017 Positive ending of an eventful year Good recovery in current business Strong performance in D&T All the major projects now on track
More informationVolvo Car GROUP interim report Second Quarter 2016
INTERIM REPORT SECOND QUARTER Volvo Car GROUP interim report Second Quarter i OF 24 VOLVO CAR AB (PUBL.) (556810 8988) VOLVO CAR GROUP INTERIM REPORT SECOND QUARTER, INTERIM GOTHENBURG REPORT JULY SECOND
More informationAnnual Report
Annual Report 2013 13 Hoist Finance is a trusted debt restructuring partner to global banks and financial institutions. We are focused on purchasing portfolios of non-performing unsecured consumer loans.
More informationQ1 FIRST QUARTER 2018
Q1 FIRST QUARTER 2018 Summary In the first quarter 2018 B2Holding continued the positive operational development from 2017, and through the acquisition of NACC the Group expanded into France. The portfolio
More informationSEB Annual Accounts Annika Falkengren President & CEO
SEB Annual Accounts 2016 Annika Falkengren President & CEO Highlights 2016 Lower interest rates for longer and market uncertainty Pick up in customer activity towards the end of the year Robust capital
More informationCapital adequacy and Liquidity
Capital adequacy and Liquidity 2018-03 Periodic information, 31 March 2018 Capital adequacy and Liquidity This information regarding capital adequacy requirements and liquidity for Ikano Bank AB (Publ),
More informationVolvo Car GROUP interim report
Volvo Car GROUP interim report QUARTER ONE Volvo Car ab (556810-8988) INTERIM report JANUARY-MARCH Gothenburg, APRIL 25 TH, QUARTER ONE Volvo Cars retail sales at 120,591 (107,721) units Net revenue at
More informationhms networks JANUARY - DECEMBER 2014 Fourth quarter
hms networks Y E A R - E N D R E P O R T 2 0 1 4 JANUARY - DECEMBER q Net sales for the full year increased by 18 % reaching SEK 589 m (501), corresponding to a 13 % increase in local currencies. The revaluation
More informationContents. Sampo Group Interim Report January September Contents. Summary 3
Contents Contents Summary 3 THIRD quarter 2013 in brief 4 Business areas 5 P&C insurance 5 Associated company Nordea Bank Ab 8 Life insurance 10 Holding 12 Other developments 13 Personnel 13 Remuneration
More informationContent. Key data on Transcom. Performance in Q Q&A
Content Key data on Transcom Performance in Q3 2012 Q&A 2 Key data - Transcom Global specialist of outsourced customer and credit management services Established in 1995 and listed on NASDAQ OMX Stockholm
More informationInterim Report. January September High sales growth continues with strengthened order book. July September January September 2015
Q3 Interim Report January September Doro AB Corporate Identity Number 556161-9429 34.5% Net sales growth 6.7% EBIT margin High sales growth continues with strengthened order book July September Net sales
More informationLandmark transaction, strong results and significant loan repayments
DDM HOLDING AG Corporate Registration Number: CHE-115906312 Interim Report Q3 1 July 30 September Landmark transaction, strong results and significant loan repayments Highlights third quarter Net collections
More informationDeutsche Bank Q results
Cost and capital fully on track revenue growth is now key Disciplined execution against our 2018 adjusted cost and headcount targets On track to meet our 2019 commitments Franchise focus regaining market
More informationInvestor Presentation. Annual Accounts
Investor Presentation Annual Accounts SEB a unique Nordic Bank Relationships Corporates Stability 2 Unique corporate franchise Truly embedded corporate bank Mergers & Acquisitions Foreign Exchange Trade
More informationROADSHOW POST-Q2 & H RESULTS. September 2016
ROADSHOW POST-Q2 & H1 2016 RESULTS September 2016 1. COMPANY OVERVIEW Rexel at a glance : Strategic partner for suppliers and customers Energy Providers Suppliers Customers Endusers Economies of scale
More informationHelloFresh SE QUARTERLY STATEMENT Q QUARTERLY STATEMENT Q HelloFresh SE
QUARTERLY STATEMENT Q3 2018 HelloFresh SE 1 HELLOFRESH AT A GLANCE Key Figures Key Performance Indicators Group 30- Sept 17 YoY growth 30- Sept 17 YoY growth Active customers (in millions) 1.84 1.28 43.7%
More informationInvestor Presentation Q Results. 11 November 2010
Investor Presentation Q3 2010 Results 11 November 2010 Forward-looking Statements Forward-looking statements This presentation may contain forward-looking statements. Statements herein, other than statements
More informationFunc Food Group Financial Release / Q2 2018
Func Food Group Financial Release / Q2 2018 Func Food Group Financial Release / Q2 2018 Func Food Group / Q2 2018 3 FUNC FOOD GROUP IN BRIEF Func Food Group ( FFG ) is a Nordic wellness company, which
More informationEBITDA for the period, adjusted for currency effects, was SEK 2.8 (-10.0) million.
INTERIM REPORT JANUARY MARCH 2015 Net sales were SEK 70.8 (44.5) million. EBITDA for the period, adjusted for currency effects, was SEK 2.8 (-10.0) million. Basic earnings per share amounted to SEK -0.06
More informationInvestor presentation. Result
Investor presentation Result 2010 Highlights Income Stable earnings from a diversified platform Provisions for credit losses Net credit losses back to pre-crisis levels Strategic alignment Strategic alignment
More informationAnalyst Call New segment reporting and adaption to new reporting standards
2018 A Analyst Call New segment reporting and adaption to new reporting standards leading debt restructuring partner to international banks and financial institutions Today s agenda New organisation Adaptation
More informationSIG plc 2015 Half Year results. 11 August 2015
SIG plc 2015 Half Year results 11 August 2015 Highlights Group sales +3.1% in constant currency; +0.6% on LFL basis Improving trend in Mainland Europe; LFLs turned positive Q2 2015 UK & Ireland LFL sales
More informationFunc Food Group Financial Release / Q2 2017
Func Food Group Financial Release / Q2 2017 Func Food Group Financial Release / Q2 2017 Func Food Group / Q2 2017 3 FUNC FOOD GROUP IN BRIEF Func Food Group ( FFG ) is a Nordic wellness company, which
More informationQ1 Q Q3 Q EUR million Jan-Mar 2018 Jan-Mar 2017 Change, % EUR million Jan-Dec 2017
Stockholm, Sweden, 4 May Eltel Group Interim report January March January March Group net sales decreased 10.5% to EUR 266.6 million (297.8), mainly as a result of divestments and on-going discontinuation
More informationInvestor Presentation. Result presentation. January September 2010
Investor Presentation Result presentation January September 2010 Highlights Income Seasonally slow quarter supported by diversified earnings Further improved asset quality Baltics back in black Profit
More information2015 RESULTS. Analyst Meeting (SFAF) of 17 March 2016
2015 RESULTS Analyst Meeting (SFAF) of 17 March 2016 CONTENTS 1 Operating highlights Financial 2 2016 outlook results 3 4 Appendices - - 2015 - Analyst Meeting (SFAF) of 17 March 2016 2 1 OPERATING HIGHLIGHTS
More informationMETRO QUARTERLY STATEMENT 9M/Q3 2017/18
CONTENT 2 Overview 4 Sales, earnings and financial position 5 Earnings position of the sales lines 5 8 Real 9 Others 10 Outlook 11 Store network 12 Income statement 13 Balance sheet 15 Cash flow statement
More informationStrong online sales and improved margins
FIRST QUARTER SEPTEMBER 1, 2016 NOVEMBER 30, 2016 Strong online sales and improved margins Interim Report September November 2016 First quarter Net sales for the quarter increased 7.5 per cent to SEK 2,284
More informationSecond quarter report 2017 Santander Consumer Bank Nordic Group and Santander Consumer Bank AS
1 Second quarter report 2017 Santander Consumer Bank Nordic Group and Santander Consumer Bank AS Table of Contents Management review of the second quarter 2017... 3 Profit and Loss - Santander Consumer
More informationGroup in Summary MEUR % % Revenue % %
Handicare Group AB (publ) Torshamnsgatan 35, SE-164 40 Kista Sweden Tel: +46 8 523 281 00 Corp. Reg. No.: 556982-7115 www.handicaregroup.com Year-end report 2017 Continued organic growth and improved margins
More informationThomas Cook Group. Interim Results 6 months ended 31 March May 2010
Thomas Cook Group Interim Results 6 months ended 31 March 2010 13 May 2010 Welcome and Introduction Agenda 1 Key Highlights Manny Fontenla-Novoa 2 Financial Review Paul Hollingworth 3 Current Trading and
More informationErste Group Bank AG H results presentation 30 July 2010, Vienna
Erste Group Bank AG H1 2010 results presentation, Vienna Andreas Treichl, Chief Executive Officer Manfred Wimmer, Chief Financial Officer Bernhard Spalt, Chief Risk Officer Erste Group business snapshot
More informationINTERIM REPORT January-September 2016
INTERIM REPORT January-September 2016 THE PERIOD IN BRIEF THE PERIOD JANUARY-SEPTEMBER 2016 COMPARED WITH JANUARY-SEPTEMBER 2015 Total operating income increased by 11.8 % to SEK 322.9 million The loan
More informationBUSINESS REVIEW Q1/2018 / CRAMO PLC Q1
BUSINESS REVIEW /2018 / CRAMO PLC 1 BUSINESS REVIEW /2018 / CRAMO PLC STRONG FIRST QUARTER FOR BOTH DIVISIONS - KBS INFRA INCLUDED FROM 1 ST OF MARCH JANUARY MARCH 2018 Sales EUR 175.3 (162.9) million,
More informationInterim Report July - March
Interim Report July - March 2018 2018-05-04 1 Today s presenters Marcus Strömberg Chief Executive Officer Eola Änggård Runsten Chief Financial Officer With AcadeMedia since 2005 With AcadeMedia since 2013
More information22% INTERIM REPORT 1 JANUARY 31 MARCH 2017
INTERIM REPORT 1 JANUARY 31 MARCH 2017 FIRST QUARTER 2017 Net sales increased by 7 per cent to 778.1 MEUR (724.2). Using fixed exchange rates and a comparable group structure (organic growth), net sales
More informationHalf year results to 30 June Morgan Sindall Group plc 2 August 2016
Half year results to 30 June 2016 Morgan Sindall Group plc 2 August 2016 Agenda Introduction John Morgan HY 2016 Financial and Operational Review Steve Crummett Outlook and Prospects 2017 & beyond John
More informationMobile Bank. Countries. Year-on-year profit growth. Frankfurt Prime Standard
2 Consumer loans Business loans Mobile Bank years of profitable growth Active & former customers Countries Q1 2018 revenue Year-on-year revenue growth Year-on-year profit growth Founded Helsinki 2005 EU
More informationInterim report Q3, July September 2017 Stockholm, 25 October 2017
Interim report Q3, July September Stockholm, 25 October As of the second quarter of, Cloetta Italia S.r.l. is accounted for as discontinued operation. The comparative figures in the consolidated profit
More informationInterim Results. 6 months ended 31 March May Page 0
Interim Results 6 months ended 31 March 2009 14 May 2009 Page 0 Introduction Manny Fontenla-Novoa, CEO Financial review Ludger Heuberg, Acting CFO Current trading and outlook Manny Fontenla-Novoa, CEO
More informationMAISONS DU MONDE: FULL-YEAR 2018 RESULTS
PRESS RELEASE MAISONS DU MONDE: FULL-YEAR 2018 RESULTS Strong performance in line with targets Continued solid momentum in online and international sales Focus on strategic pillars to deliver further profitable
More informationFULL YEAR REPORT, 2017 TELEPHONE/AUDIO CONFERENCE 8 FEBRUARY 2018, AT CET TOMMY ANDERSSON, PRESIDENT AND CEO HELENA WENNERSTRÖM, EVP AND CFO
TELEPHONE/AUDIO CONFERENCE 8 FEBRUARY 2018, AT 15.30 CET TOMMY ANDERSSON, PRESIDENT AND CEO HELENA WENNERSTRÖM, EVP AND CFO DIRECT LINK AUDIOCAST: HTTPS://TV.STREAMFABRIKEN.COM/BULTEN Q4 2017 TELECONFERENCE:
More informationInterim report July - September 2016
Interim report July - September 2016 October 19 th, 2016 Mikael Ericson, CEO Erik Forsberg, CFO 2 Q3 2016 Highlights Continued good financial development All financial targets met: EPS growth, PD RoI and
More informationWorldline H Results Worldline. Presentation to Investors September 2018
Presentation to Investors September 2018 Disclaimer This document contains forward-looking statements that involve risks and uncertainties, including references, concerning the Group's expected growth
More informationAnalyst presentation H1 2017/18 Half year ended 30 September 2017, 16 November 2017
Analyst presentation H1 2017/18 Half year ended 30 September 2017, 16 November 2017 Disclaimer DISCLAIMER THIS PRESENTATION may contain forward looking statements. These statements are based on current
More informationEng US. Q1 Presentation April, 2015
Eng US Presentation 2015 24 April, 2015 Eng US Disclaimer This presentation has been prepared by Duni AB (the Company ) solely for use at this investor presentation and is furnished to you solely for your
More informationBUSINESS REVIEW Q3/2018 / CRAMO PLC Q3
BUSINESS REVIEW /2018 / CRAMO PLC 1 PROFITABLE GROWTH CONTINUED BUSINESS REVIEW /2018 / CRAMO PLC JULY SEPTEMBER 2018 Sales EUR 197.9 (191.9) million, up by 3.1%. In local currencies, sales grew by 7.5%.
More informationMorgan Stanley European Financials Conference, London 27 March Jan Erik Back CFO SEB
Morgan Stanley European Financials Conference, London 27 March 212 Jan Erik Back CFO SEB In the new world, what are SEB s priorities? Relationship banking as the key franchise driver Response to the new
More informationBAWAG GROUP REPORTS RECORD PROFIT BEFORE TAX OF 517 MILLION IN 2017
BAWAG GROUP REPORTS RECORD PROFIT BEFORE TAX OF 517 MILLION IN 2017 Profit before tax of 517 million, +12% vs. prior year Return on tangible equity (@12% CET1) of 17.9% Net interest income of 791 million,
More informationV ä s t e r å s, A p r i l 2 7,
V ä s t e r å s, A p r i l 2 7, 2 0 1 7 AQ Group AB (publ), First quarter, 2017-1 - First quarter, January-March 2017 in brief Continued growth in sales and profit Net sales increased by 25% to SEK 1 002
More information2012 Highlights of Handelsbanken s Annual Report. January December
Highlights of Handelsbanken s Annual Report January December HIGHLIGHTS OF ANNUAL REPORT Highlights of Handelsbanken s Annual Report JANUARY DECEMBER Summary January December, compared with January December
More informationFunc Food Group Financial Release / Q1 2018
Func Food Group Financial Release / Q1 2018 Func Food Group Financial Release / Q1 2018 Func Food Group / Q1 2018 3 FUNC FOOD GROUP IN BRIEF Func Food Group ( FFG ) is a Nordic wellness company, which
More informationSIX MONTHS REPORT, JAN JUN 2018
SIX MONTHS REPORT, JAN JUN 2018 TELEPHONE/AUDIO CONFERENCE 11 JULY 2018, AT 11.00 CET TOMMY ANDERSSON, PRESIDENT AND CEO HELENA WENNERSTRÖM, EVP AND CFO DIRECT LINK AUDIOCAST: HTTPS://TV.STREAMFABRIKEN.COM/BULTEN
More informationInterim report 1 January 31 March 2018 Actic Group AB
Q1 Interim report 1 January 31 March Actic Group AB Efficiency enhancements and acquisitions strengthen results INTERIM REPORT 1 JANUARY 31 MARCH ACTIC GROUP AB 1 Interim report 1 January 31 March First
More informationNorlandia Health & Care Group AS Q3 Interim Report 2017
Norlandia Health & Care Group AS Q3 Interim Report 2017 CONTENT CONTENT... 2 KEY FIGURES... 3 Q3 2017 HIGHLIGHTS... 3 NORLANDIA HEALTH & CARE GROUP AS... 5 GROUP ACTIVITIES... 5 FINANCIALS... 6 GROUP FINANCIAL
More informationInvestor presentation
Investor presentation Important information Forward-Looking Statements and Risks & Uncertainties This document and the related oral presentation contain, and responses to questions following the presentation
More informationInterim Report. July September July- Sept. Sept
Q3 Interim Report July September Doro AB Corporate Identity Number 556161-9429 18.2% Net sales growth 8.9% EBIT margin Growth in all markets and improved margins July September Net sales amounted to SEK
More informationFour new launches of in-licensed products this quarter in addition to the 5 new products earlier launched in 2018.
INTERIM REPORT JANUARY SEPTEMBER 2018 Net sales amounted to SEK 263.3 (237.2) million EBITDA was SEK 15.6 (-2.3) million Basic earnings per share were SEK -0.17 (-0.32) JULY SEPTEMBER 2018 Net sales amounted
More informationEng US. 14 July 2017
Eng US 14 July 2017 Presentation 2017 Eng US Disclaimer This presentation has been prepared by Duni AB (the Company ) solely for use at this investor presentation and is furnished to you solely for your
More information43.1% 9.4% Year-end Report. January December Strong sales in all markets. October December Net sales growth.
Q4 Year-end Report January December Doro AB Corporate Identity Number 556161-9429 43.1% Net sales growth 9.4% EBIT margin Strong sales in all markets October December Net sales amounted to SEK 625.6m (437.1),
More informationLINDORFF SECOND QUARTER 2015 PAGE 1/29 QUARTERLY REPORT
LINDORFF SECOND QUARTER 2015 PAGE 1/29 Q1 QUARTERLY REPORT 2017 PAGE 2/29 LINDORFF SECOND QUARTER 2015 LINDORFF FIRST QUARTER 2017 PAGE 3/29 Financial highlights Q1 Net revenue of EUR 179m, up 33% y/y
More informationZumtobel Group AG Q1 2015/16 results
Zumtobel Group AG Q1 2015/16 results September 8, 2015 1 8 September 2015 Q1 2015/16 results An expected slow start to the FY but on track to meet full year guidance Financials Q1 2015/16 at a glance Group
More informationhms networks JANUARY - DECEMBER 2013 Fourth quarter
hms networks Y E A R - E N D R E P O R T 2 0 1 3 JANUARY - DECEMBER q Net sales for the full year reached SEK 501 m (382), corresponding to a 31 % increase. The revaluation of the Swedish currency had
More information3 rd quarter back to growth in September. Robert Jan van de Kraats, CFO. Randstad Holding nv October 31, 2013
3 rd quarter 2013 back to growth in September Robert Jan van de Kraats, CFO Randstad Holding nv disclaimer & definitions Certain statements in this document concern prognoses about the future financial
More informationTHIRD QUARTER INTERIM REPORT PRESENTATION 9 NOVEMBER 2017
THIRD QUARTER INTERIM REPORT PRESENTATION 9 NOVEMBER 2017 THOMAS ELDERED CEO THIRD QUARTER 2017 Continued focused strategy implementation Sales adjusted for Fx and acquisitions -0.8% YoY 16% Sales, YoY
More information4 th quarter and annual results 2011 strong growth in North America, gradual slowdown in Europe revenue up 13% and diluted earnings per share up 8%
4 th quarter and annual results 2011 strong growth in North America, gradual slowdown in Europe revenue up 13% and diluted earnings per share up 8% Ben Noteboom, CEO Robert-Jan van de Kraats, CFO Randstad
More informationhms networks First quarter Last twelve months INTERIM REPORT 2017 JANUARY - MARCH
hms networks INTERIM REPORT JANUARY - MARCH Last twelve months Net sales for the last twelve months amounted to SEK 1 030 m (732) corresponding to a 37 % increase in local currencies. The revaluation of
More informationPresentation to Investors and Analysts
Fourth Quarter and Full Year 2016 Results Presentation to Investors and Analysts February 14, 2017 Disclaimer (1/2) The data presented in this presentation relating to the Swiss Universal Bank refers to
More informationINTERIM REPORT 5 NOVEMBER 2015
Q3 INTERIM REPORT JANUARY SEPTEMBER 2015 5 NOVEMBER 2015 Contents 3 Summary 5 Third quarter 2015 in brief 6 Change in reporting practices as of 1 January 2016 7 Business areas 7 P&C insurance 10 Associated
More informationQ1 Presentation April, 2013
Q1 Presentation 19 April, Disclaimer This presentation has been prepared by Duni AB (the Company ) solely for use at this investor presentation and is furnished to you solely for your information and may
More informationGroup quarterly report as per September 30, November 21, 2017
Group quarterly report as per September 3, 217 November 21, 217 Outline 1) Performance Summary 9M/Q3 217 2) Order Intake and Revenue 3) EBIT 4) Balance Sheet 5) Cash Flow 6) Segments 7) Priorities until
More information