INTERIM REPORT JANUARY - JUNE 2009
Second quarter 2009
• Consolidated revenues for the second quarter 2009 amounted to SEK 1,050.8 M
(890.8), an increase of 18.0 percent. Organic growth was 4.0 percent (10.8).
• Operating earnings (EBIT) amounted to SEK 158.5 M (179.5). Revenues and
earnings include net purchased debt revaluations of SEK -5.2 M (+0.1). Earnings
were also charged with a loss of SEK 15.1 M on the sale of the Scottish
operations. Earnings for the same quarter in 2008 included a gain of SEK 8.9 M
on the sale of a credit information company in Switzerland. Excluding these
items, operating earnings improved by 4.9 percent to SEK 178.8 M (170.5),
corresponding to an operating margin of 16.9 percent (19.1).
• Net earnings decreased by 5.9 percent to SEK 105.4 M (112.0).
• Earnings per share before dilution amounted to SEK 1.32 (1.42).
• Investments in purchased debt amounted to SEK 368.9 M (250.6).
The full report is enclosed in this email.
The interim report and presentation material are available at www.intrum.com.
President & CEO Lars Wollung and CFO Monika Elling will comment on the report on
a teleconference today at 9:00 a.m. CET. The presentation can be followed at
www.intrum.com and/or www.financialhearings.com. To participate by phone, call
+46 8 5051 3643 or +44 (0)20 7806 1968, followed by the code 4415665.
For further information, please contact:
Lars Wollung, CEO and President
Tel: +46 8 546 102 02
Monika Elling, CFO
Tel: +46 8 546 102 01
Mobile: +46 705 12 02 01
Intrum Justitia is Europe's leading Credit Management Services (CMS) group and
offers services designed to measurably improve clients' cash flows and long-term
profitability. Intrum Justitia was founded in 1923, has 3,400 employees in 23
markets and revenues of approximately SEK 3.7 billion. Intrum Justitia AB is
listed on Nasdaq OMX Stockholm since 2002. For further information, please visit
www.intrum.com
