Hoist Financing – Interim Report Second Quarter 2021

Hoist Financing – Interim Report Second Quarter 2021

April – June 2021 “We need to focus and improve performance. We are initiating a transformation to accelerate portfolio acquisitions, improve productivity and reduce costs,” says Per Anders Fasth, CEO of Hoist Finance.

Figures in brackets refer to the second quarter of 2020 for profit comparisons and to the 31 December 2020 closing balance for balance sheet items.

Total operating income amounted to SEK 625m (513)
Profit/loss before tax totalled SEK 52m (-64)
Profit/loss before tax adjusted for items affecting comparability totalled SEK 64m (-64)
Earnings per share amounted to SEK -0.79 (-1.05)
Return on equity was -7 per cent (-9)
Return on equity excluding items affecting comparability was 4 per cent (-9)
Carrying value of acquired loans totalled SEK 21,059m (21,075)
The total capital ratio was 15.47 per cent (16.49) and the CET1 ratio was 9.7 per cent (10.76)

This information is information that Hoist Finance AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication by Andreas Lindblom at 07:30 A.M. CEST on 21 July 2021.

A teleconference for Investors, Analysts and Press will be held at 09:30 AM CEST. To listen in to the conference live, please dial:

SE: +46850558357 UK: +443333009269 US: +16467224957

The presentation will be held in English and broadcast live at: https://tv.streamfabriken.com/hoist-finance-q2-2021

Andreas Lindblom, Head of Investor RelationsTelephone: +46 (0) 72 506 14 22

For more information, please contact:

About Hoist Finance Hoist Finance is a trusted debt resolution partner to individuals, companies and banks in thirteen European countries. With over 1,600 dedicated colleagues, smart digital solutions and a deep understanding of individual financial circumstances, we help over six million customers keep their commitments. This is achieved by agreeing on sustainable repayment plans so that everyone is included within the financial ecosystem. Hoist Finance has a diverse portfolio of asset classes and our online savings platform in Sweden and Germany enables our unique funding model. Hoist Finance was founded in 1994 and is today a public company listed on Nasdaq Stockholm. For more information, please visit hoistfinance.com.

This information was brought to you by Cision http://news.cision.com


The following files are available for download:

SOURCE Hoist Finance

News Highlights Business

  • Hoist Financing – Interim Report Second Quarter 2021
  • Check all news and articles from the Business news updates.
Disclaimer: If you need to update/edit/remove this news or article then please contact our support team.
For Latest Updates Follow us on Google News
      Bollyinside - US Local News & Breaking News Stories
      Compare items
      • Total (0)