Intrum AB
F:IJU
Intrum AB
Intrum AB is engaged in providing credit management services. The company is headquartered in Stockholm, Stockholm and currently employs 9,694 full-time employees. The company went IPO on 2002-06-07. The firm offers services covering the entire credit management chain, ranging from prospecting and segmenting to payment management services, collection and financial services. Its offering includes credit optimization services; such as credit decisions, credit monitoring and credit information, as well as consultancy and advisory services; payment services, such as sales ledger services, reminder services and e-commerce services, as well as VAT refund services, and collection services, such as debt collection and debt surveillance services, as well as worldwide debt collection services. The firm also offers a range of solutions for different type of businesses. The firm has a number of subsidiaries based in Denmark, Italy, Lithuania, Portugal, Switzerland, and the United Kingdom, among others.
Intrum AB is engaged in providing credit management services. The company is headquartered in Stockholm, Stockholm and currently employs 9,694 full-time employees. The company went IPO on 2002-06-07. The firm offers services covering the entire credit management chain, ranging from prospecting and segmenting to payment management services, collection and financial services. Its offering includes credit optimization services; such as credit decisions, credit monitoring and credit information, as well as consultancy and advisory services; payment services, such as sales ledger services, reminder services and e-commerce services, as well as VAT refund services, and collection services, such as debt collection and debt surveillance services, as well as worldwide debt collection services. The firm also offers a range of solutions for different type of businesses. The firm has a number of subsidiaries based in Denmark, Italy, Lithuania, Portugal, Switzerland, and the United Kingdom, among others.
Strong EBIT Growth: EBIT more than doubled to over SEK 1 billion, showing significant profitability improvement.
Margin Expansion: Servicing margin jumped to 21% in Q1 '25 from 9% in Q1 '24, with broad-based gains across all regions.
Return to Profit: The company posted its first positive net income quarter since 2023.
Cost Control: Costs remain tightly managed with ongoing reductions and a lower headcount, setting a lower run-rate for expenses.
Recapitalization Nears Completion: Legal rulings in the US and Sweden have cleared the way for recapitalization, expected to close in early July.
Technology Rollout: AI tools like Ophelos and Olivia are being implemented to drive efficiency and margins, with the biggest impacts expected from 2026.
Investing Business: Income is down due to a shrinking asset base, but collections continue to exceed forecasts and partnership with Cerberus is ramping up.
Steady Leverage: Leverage ratio is stable at 4.5, with a target of 3.5 still in focus.
