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.
For further information please contact:
Michael Wolf, President & CEO
Tel: +46 8 546 10 200
Monika Elling, Chief Financial Officer
Tel: +46 8 546 10 201,
mobile +46 705 120 201
Sophie Hammarskjöld, Investor Relations
Tel: +46 8 546 10 203,
mobile: +46 767 685 263
Intrum Justitia is Europe's leading Credit Management Services (CMS) group, with
revenues of approximately SEK 3.2 billion and around 3,100 employees in 24
markets. Intrum Justitia strives to measurably improve its customers' cash flows
and long-term profitability by offering high quality in relationships with both
customers and debtors in each local market. The group offers a wide range of
services to manage commercial and consumer receivables. Intrum Justitia AB
(ticker IJ) is listed on the OMX Nordic Exchange in Stockholm, Mid Cap list. For
more information, please visit www.intrum.com
